Oztrade

BULL GARTLEY - EURAUD 240m ADVANCED PATTERN - AB=CD

Long
FX:EURAUD   Euro / Australian Dollar
4
Hi All, I wanted to post this potential Gartley - ugly but nevertheless still a valid pattern.

D completion between 78.6% Equal AB=CD Move and the 127.2% Fib Ext from A to B

Keep your eyes on this trade and watch AUDUSD go up - see if you can see signs of reversal on both pairs providing a better opportunity.

Because of the structure in this setup taking targets at the standard 38.2 and 61.8 may be reduced. Keep your eye on structure levels in LTF as well.

I wont write more on this trade as we are getting close to the D

Happy Trading
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