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ARegularGuy
Apr 15, 2021 1:56 PM

AUD/USD (Aussie/ Dollar)  Short

AUD/USDOANDA

Description

Here on the Aussie Dollar we have a bearish gartley pattern. i would be surprised if this pattern moves today as the 10Y bonds are having a weak day, and the dollar is weak against some of the exotic pairs like USD/MXN. Its hard to say if you're looking at the Rubble as its having a rough day too. I'm not in the "know" on Russian news. So, again I would be surprised if the pattern moves today. What i think we might see is PA trace up to the shaded area and kiss the HOP level and play around a bit. i would like to see the oscillators move into the extreme zones before considering an entry! Stop is the red lines and tp 1 is 382 of the pattern and tp2 is the 618 of the pattern. Sorry everyone for not going inot super deep detail just trying to push out info and get back to studying! the courses are still in the process, again once my profile goes premium ill advertise here.
Comments
otavio_barreto
Perfect my friend, I have the same view AB=CD is also complete
ARegularGuy
@otavio_barreto, that's awesome man!!! i see your time cycle thing; is that the fibo time cycles talks about in his books? i am waiting for other things to play out before entry.
otavio_barreto
@ARegularGuy, Yeah there are china news to come, no it's not fibo time cycles it's based on hust cycles.
ARegularGuy
@otavio_barreto, hmmm i will have to look into that! thanks! great job man!
otavio_barreto
@ARegularGuy, Thank you!
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