We worked on a new system which gives varity of Buy and Sell signals wiht confirmation 3Trend formation. Hope to have profitable setup at all.
Let's check it for a few trades.
Buy Stop: 0.7113
TP: 0.7304
SL: 0.7055
FX:AUDCHF
Structure breakout.;
Eventual Bullish Gartley above projected cluster. Wait for price action to build structure.
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
Safe Trades;
Triangle or a ZigZag combination. Time will tell. But for the moment all is looking good for a long upto the upper trendline. But we need a small correction to enter the trade. Lets hope we get a good one to enter with confidence.
