slindstr

EURAUD Potential Bearish Gartley

Short
FX:EURAUD   Euro / Australian Dollar
We might have a bearish gartley forming on the EURAUD 60 minute.

Since the AB leg is between the .618 and .786 retracements of XA, I'm assuming if it forms this gartley will complete at the .886 retracement @ 1.4340-ish.

SELL 1.4340-ish
TP @ 1.4270-ish if you're conservative
TP @ 1.4230-ish if you're aggressive

Stops above X as always
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.