AUDUSD has just hit the 78.6% Fib level also completing a Gartley.
This is where you get the low risk trades with great risk/reward.
I traded the C-D leg down as this was a completed smaller Gartley pattern.
Now the plan is to either go long to the 0.7280-0.7300 area which would set up a 135 Pattern to sell or we are heading back up to 0.7500 completion of the bigger ABCD.
Yesterday was a down day on lower volume which is why im looking for a bounce today.
AI also to follow.
I hope this helps. Send me a comment with your thoughts agree or disagree.👍👍
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Looking for a potential uptrend today especially for the US Session. A rally into the US session could mean an Invert.
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The moment of truth.. Are we going higher or lower??
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A nice run up, now im looking for a pull back before higher prices. We have taken out the 11th of March high so 0.7500 is looking good and possibly higher.
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Pattern nearly complete. I will be looking to reverse into a short trade. 👍👍
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