AUDNZD (Gartley Pattern) -1h Chart
Gartley Pattern confirmations:
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement (on this case 0.786 - 0.886 area)
- take profits at 0.382 and 0.618 (Fibonacci from A-D)
I expect Gartley to be completed for some type of bearish continuation on major timeframe
Good Trading. -1h Chart
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement (on this case 0.786 - 0.886 area)
- take profits at 0.382 and 0.618 (Fibonacci from A-D)
I expect Gartley to be completed for some type of bearish continuation on major timeframe
Good Trading. -1h Chart
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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.
Related publications
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.