Art_of_Trading
Short

AUDUSD: Gartley / Go Short

FX_IDC:AUDUSD   AUSTRALIAN DOLLAR / US DOLLAR
On FX:AUDUSD             , the bulls are in control of the price and getting close to the previous structure high. When bears are going to step in? it is more likely soon, as big orders are mostly placed at structure levels.
In addition, there is harmonic moves, where the valid gartley pattern appears, which increase the probability. This pattern gives a clear guidance, when to enter and put our take profit and stop loss. There is a nice risk reward in this set-up.
T1 - 38.2%
T2 - 61.8%
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Comment: the price hit completed D leg and hit 127% Fibonacci extension
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