I have been waiting for this Gartley to complete for quite sometime and it finally has. The fibonacci levels on the AUDUSD pair are optimal and this is a beautiful Gartley!
This, with RSI in overbought territories, gives us a nice case to take out a short position.
Targets are shown on my chart.
domavila
This, with RSI in overbought territories, gives us a nice case to take out a short position.
Targets are shown on my chart.
domavila
Trade active
It looks like we are having a nice Type 1 reaction here.I will manage this trade aggressively in order to manage risk. My stop loss has been moved to break even and we now have a free trade and are playing with house money.
Trade closed: stop reached
Trade active
This trade has not been closed!! I fat fingered in the comment section. Please ignoreNote
I miss labeled the title and this is a bat. Sorry for the confusion.Trade closed: target reached
Target 1 hasbeen hit. I have closed 1/2 my position, raised my stop loss and will let the other half ride.Trade active
Note
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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.