60 min LONG Blue Potential Gartley Pattern. D leg completion at 1.0466 A potential place to go long. Yellow Potential Cypher Pattern. D leg completion at 1.0457 A potential place to go long. Joël.
Sometimes you have to put things into perspective. I'm not saying AUDNZD can't go up anymore. Look at the breakout in March. Or even look at the dotted line I've drawn. It can still go higher. I am saying though that taking distance for a moment and looking at it from far away can never hurt. I'm posting my observations here to document my progress.
60 min chart Short 1.04627 has been a strong structure level in the long term. Structure was broken, so this level may become new resistance. Structure level is also .618 Fibonacci retracement of 1.0526 to 1.0363. Opportunity to short at 1.04627. Look for more signals. Potential Targets: Target 1 at .382 retracement of 1.0363 to 1.0462 Target 2 at Pivot...
Potential Cypher Pattern. AUDNZD 60 min chart Long D leg completion at 1.0466 Potential targets at .382 & .618 Fibonacci retracement of C to D. I'm looking to share my observations here and start documenting my progress as I continue on this journey.