TradingView
Roker1
13 juil. 2018 07:51

Short Gartley pattern on AUDNZD Short

Australian Dollar/New Zealand DollarFXCM

Description

Hi guys,

there are some instances where i trade directly at the D point of an harmonic pattern, and this is one of these cases. Reason why is that price has been rejected from a major resistance level and right afterwards it created this simple harmonic formations known as Gartley pattern. As of now, i'm looking to short the D completion point and set targets with the green lines and stop above X (red line).

If you have ideas/questions, feel free to comment beneath.
Otherwise, see you in the next chart!

Commentaire

The pattern is a Bat Pattern, not a Gartley (i've set up all the levels correctly but had written the wrong name):
Commentaires
darbyd1993
What a beauti... good job fella
scorpiousg
Just wanted to say kudos on the analysis. Played out beautifully.
Plus