GBP/AUD - Daily Chart - Gartley Pattern
Here on the daily chart of GBP/AUD we have a nice Gartley Pattern setup.
The X leg of this pattern has not been exceeded since 2009, which in my opinion should hold and act as major resistance.
We must see a completion at D leg before any pattern entry is triggered.
- SL must go above X
- Target 1 at 38.2% retracement
- Target 2 at 61.8% retracement
Good luck.
Here on the daily chart of GBP/AUD we have a nice Gartley Pattern setup.
The X leg of this pattern has not been exceeded since 2009, which in my opinion should hold and act as major resistance.
We must see a completion at D leg before any pattern entry is triggered.
- SL must go above X
- Target 1 at 38.2% retracement
- Target 2 at 61.8% retracement
Good luck.