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olly_price olly_price AUDUSD, 60, Short ,
AUDUSD: Bearish Gartley and bat pattern completed in the same place
32 0 2
AUDUSD, 60 Short
Bearish Gartley and bat pattern completed in the same place

Bat pattern in black. Gartley pattern in blue. Good resistance indicated by the black line. Increased risk/reward. Short this now with profit targets indicated by green boxes.

KN_FXtrader KN_FXtrader EURCAD, 240,
EURCAD: Is fibonacci one of the best tools in forex? (YES it is...)
99 0 0
EURCAD, 240
Is fibonacci one of the best tools in forex? (YES it is...)

In the first part of our chart you can see the bearish trend of our pair. When the price create a new lower low then we draw fib retracement levels. The price is bouncng on the 38.2% level so we think that it might be a good level for pushing the price down again. Then the price is starting to move lower.Then we can use fib extensions in order to determine our ...

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