Felix_Hoevelborn
Short

THE WEEK AHEAD: TREND CONTINUATION VIA BEARISH GARTLEY ON AUDUSD

FX:AUDUSD   Australian Dollar/U.S. Dollar
We previously had a first signal that the short-term bullish moves (remember: we are heavily bearish on the daily time frame) could come to an end.

The arrow shows the close below the previous low. We therefore looking for a shorting opportunity on this pair which lines up in form of a bearish gartley pattern.
Beside the standard target 1 (38,2% oft C-D leg) I will trail half of the position to the lowest close at point C.

Stops have to go above X, according to your personal rules of engagement.

Have a great week of trading.

Felix
Update:
SHORT AT MARKET: DOUBLE TOP CONF. ON BEARISH GARTLEY AUDUSD
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out