Pronoe

AUDNZD Bullish Gartley Pattern

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
After a 3 weeks downtrend looks like it's going to reverse.

- A bullish gartley pattern where "D" is flirting with the Bollinger Band and S1 of my Pivot Point
- I'm nice reversal pattern pattern of the candlesticks

I'm going to go long on Monday as soon as market open, My stop loss is set just a few pips below D. For now my take profit is in the middle of my support area, this might change based on the number of Building Approvals for Australia and NZ. Either I'll set a trailing stop or I'll close half my position and see where the other half go.
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.