Hi Traders,
There is a bearish Gartley and a bearish Cypher pattern set up on AUDUSD H1 timeframe. See chart for D completion points (marked by horizontal line).
Targets for these trades are at the 38.2% and 61.8% retracement of the AD leg.
Stop are best placed above the X leg, or impulse leg.
If you found this idea useful, leave me a like or comment, it's always appreciated :)
Luke
There is a bearish Gartley and a bearish Cypher pattern set up on AUDUSD H1 timeframe. See chart for D completion points (marked by horizontal line).
Targets for these trades are at the 38.2% and 61.8% retracement of the AD leg.
Stop are best placed above the X leg, or impulse leg.
If you found this idea useful, leave me a like or comment, it's always appreciated :)
Luke
Trade active:
Order hit on the Gartley
Trade closed: stop reached