FX-Error
Long

Potential Long Trade on Australian Dollor

FX:AUDUSD   Australian Dollar/U.S. Dollar
62 1 1
Actually We Have :-

1-Gartley Pattern.
2-Consolidation Support Area (The Two Green lines) .
3-Demand Zone.

-Price now moves into a Triangle ... There is an uptrend with Support Level At 0.7672... We are wating the price to break themt out ... then there will be a conformation that price will go lower ... maybe a chance to get to the consolidation area where the Gartley and support area with Demand Zone are.

-After the price Break the Uptrend to the Consolidation Area ...Price Maybe response to go Higher because:
1-The Consolidation Area ... wth all Factors we mentioned before.
2-Price will maybe Want to Re-test the Broken Uptrend and return to the Broken suppoot ... which is already became a resistance Level.

-So ...... We Can Buy Australian Dollar             form the (D) Point Complation of the Gartley Pattern .
-Our Stop must be beyond the Demand Zone and the (X) Point of the Gartely.
-Our target is 0.50 of (XA) leg of the Gartely ... Because the Confluence with The Structure (Support Becomes resistance) ... and also for good R/R Ratio .

Be sure To be Ready ......
Thanks ........!!
FX-Error
a year ago
Ops ...?!
Our target is 0.50 from (A) to (D) points of Gartley .... sorry for that Guys
Thanks again .....!!
Reply
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