AUDUSD: Short Bias
1) Bearish Gartley
2) Resistance zone
3) Double Top (if there is a reverse sign)
I saw there is a Bearish Gartley is forming in 1 hour chart. The completion of D leg is on the recent resistance area. The price is expected to bounce off from that level and form double top and the Bearish Gartley will be completed at that level.
DISCLAIMER:
I'm only providing my own thought toward the market but not making any trade call.
2) Resistance zone
3) Double Top (if there is a reverse sign)
I saw there is a Bearish Gartley is forming in 1 hour chart. The completion of D leg is on the recent resistance area. The price is expected to bounce off from that level and form double top and the Bearish Gartley will be completed at that level.
DISCLAIMER:
I'm only providing my own thought toward the market but not making any trade call.
Trade active
Trade closed: stop reached
SL at breakeven with 10 pips profitwas 30 pips away from my TP when the price hit 0.71
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.
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.