AUDNZD - Bearish Gartley I rarely trade AUDNZD. Looking at the 4H AUDNZD, I'm watching the pot development of a bearish Gartley, though.
This is not a trading recommendation, but is meant for personal practice and posterity. Please ensure your own due diligence.
I intend to watch for D Leg completion to enter a short position with profit targets on fib levels.
Happy trading.
Bearish Gartley
XAUUSD Bearish GartleyIn conjunction with my previous analysis of FOREXCOM:XAUUSD (link below in "Related Ideas"), a bearish Gartley is forming and approaching completion on the 1hr chart which may support my short term bearish bias on this commodity.
Used in conjunction with my previous H&S analysis this setup may provide a decent entry for the anticipated continued bearish move to about 1290 potentially.