Potentially have a Gartley Sell pattern on the 60 minute AUDUSD. While the ratios aren't 100% right, if you look further left you'll see that D lies in an area of previous structure and coupled with an increasing RSI it seems reasonable to assume there will be some downward action at that point.
SELL @ 0.8566
BUY @ 0.8615 (SL)
BUY @ 0.8489 (TP)
Risk: 59 Pips
Reward: 77 Pips
If you end up getting stopped out, keep an eye on the 1.217 line for a potential butterfly.
SELL @ 0.8566
BUY @ 0.8615 (SL)
BUY @ 0.8489 (TP)
Risk: 59 Pips
Reward: 77 Pips
If you end up getting stopped out, keep an eye on the 1.217 line for a potential butterfly.
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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.