On the GBP/AUD 4h chart we have a potential short opportunity at the D leg completion of a Gartley Pattern.
The price reversal zone is very small on this pair between 2.1689 & 2.1707 this is due to a deep retracement of the X to A move.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Gartley Pattern.
The price reversal zone is very small on this pair between 2.1689 & 2.1707 this is due to a deep retracement of the X to A move.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Gartley Pattern.
