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OmniFX_
Aug 29, 2016 7:58 AM

POT WEEKLY GARTLEY PATTERN or ??? 

Australian Dollar/U.S. DollarFXCM

Description

PA may potentially form a Bullish Gartley Pattern. However I've identified two scenarios where action may be taken. For our Bull setup i've identified my reversal zone at about 0.70484/0.69796 confluence with (78.6/127.2) fib levels.

However price may go to break the top of our previous high, only then will i wait for price to reach a nice supply area, either at the TL, 800MA or 0.81544/0.80353 supply zone.

May potentially be looking for intra day shorts down to the buy zone
Comments
piptamil
yes im expecting a fall to 0.71000 zone.

Thanks.
foreximho
Meanwhile #audusd might check @.7573 in a short while
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