AUDUSD possible consolidation .74 - .77 in a double top or 3 drives ( as illustrated).
If Point C of potential Gartley can hold ( .7760) , we would be looking for a short setup close to the supply zone.
The short trade would follow the entry and exit rules for trend following with HA candle , listed by Dale _ Ansel .
Stop Loss @ .7840 above X.
Potential targets would be
1. Demand Zone .7420 - .7450
2. B Point to Prior Swing Low @ .7150 - .7180
3. D Point @ .7040
4. X Point @ .6830
If Point C of potential Gartley can hold ( .7760) , we would be looking for a short setup close to the supply zone.
The short trade would follow the entry and exit rules for trend following with HA candle , listed by Dale _ Ansel .
Stop Loss @ .7840 above X.
Potential targets would be
1. Demand Zone .7420 - .7450
2. B Point to Prior Swing Low @ .7150 - .7180
3. D Point @ .7040
4. X Point @ .6830
