AUDUSD Bearish Gartley Pattern - Trend Continuation Trade Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Mar 15, 2017 11:52 AM

1 entry point - 2 orders

1st order: Trade the Gartley pattern, use as TP the 61.8% retracement

2nd order: Trade the continuation of the trend, market retrace to test previous structure and performs nice reversal price action

Comments

AmirKse

⋅ Mar 15, 2017 12:07 PM

if fed interest rate up or down then what happen

Michail...Sideris

⋅ Mar 15, 2017 12:15 PM

@AmirKse, Fed probably would raise and seems that dollar bulls are returning to their positions after the last's week profit taking. So right now fundamentals underpin the technical analysis