Oztrade

GBPAUD - BULL CYPHER BULL GARTLEY - HARMONIC MOVES

FX:GBPAUD   British Pound / Australian Dollar
22 0 0
Hi All, I wanted to share this chart with you, I am looking at some harmonic moves we have seen for some time now on GBPAUD             - We have tested just above 2.15's a few times now - And also a couple of patterns in LTF 60M forming if we continue down it may be a good opportunity for a long position. I will also be looking for shorting opportunities above 217's based on Fib Ratio and Harmonic Move AB=CD - Long Opportunities present good bounce off for the Cypher having many support levels but I would be looking more around if not just below the X Leg for entry. I have also included in this Chart Lines for the Even Handle Numbers - its quite interesting to see the LFT consolidation between these levels. Day Chart looks great Perfect Trend Continuation take a look what happens at these even handle numbers on the 60M Charts. This is when traders get emotional at these levels you can see the impact this has for LTF Traders. I execute most orders in 60M Run analysis Top Down from Day - 240M - 60M - As you can see in this Chart we have closed above the 2 green lines which is the first time since July 27th at this level. Happy Trading
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