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.👍👍
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.👍👍
Note
Looking for a potential uptrend today especially for the US Session. A rally into the US session could mean an Invert.
Note
The moment of truth.. Are we going higher or lower??
Note
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.
Note
Pattern nearly complete. I will be looking to reverse into a short trade. 👍👍
Note
Target hit trade complete. Now time to short.
Trade closed: target reached
t.me/OCEANAISIGNALS
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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.
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
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.