Snehath

My plan for AUDUSD in Week 21

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD             is on the downtrend so I am looking to short this wherever possible.

However there is a long alternate bat pattern coming at last week low of 0.7175 area. If this is triggered then we have a long trade for about 100 pips. This would like to a likely gartley pattern to short as shown in the chart.

Let's see how this pans out next week.
Order cancelled: I didn't take this trade for 2 reasons.

1) The red line was pierced with a bearish bar that invalidated the pattern.

2) I posted an idea on NZDUSD which was in line with my analysis 2 weeks ago.
Not waiting for C and D to complete then short at D?
Reply
Snehath marcus1983
I am hoping it will come down to 0.7185 (Small D, but Big C) to buy and then sell at 0.7280 (Big D). But I have no idea if it will work out this way.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out