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Iridium
Aug 14, 2014 4:31 PM

Bearish Gartley AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

Bearish Gartley AUDUSD
Comments
pschloegl
Please measure - this isnt a Gartley the b leg is < fib level 38.2
Iridium
Good enough .382
5 wave impulse wave to the down side wave a retracement .382 wave c retracement .618 of wave 1
wave c 1.618 of wave a.
Gartleys are rare and only imply 3-3-5 flat under elliott wave theory
These metrics are much more conclusive and imply a 5-3-5 zig-zag under wave theory
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