OmniFX_

AUDUSD - Daily Bearish GARTLEY in pursuit??

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
With last weeks Friday close with a strong Bullish Trend Bar, are we to expect a further move up? Potentially. in saying this we may be forming a Bearish HARMONIC, - either a Gartley or Bat formation - this pattern could prove to test supply zones @ 0.73853/0.73285 before a move down. This could also be a viable ABC Correction if the pattern plays out. Pull backs on the lower position could give a nice entry to the completion level of the Gartley/BAT

Watch and Wait

Bear Trader.
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