Actually We Have :-
1-Gartley Pattern.
2-Consolidation Support Area (The Two Green lines) .
3-Demand Zone.
-Price now moves into a Triangle ... There is an uptrend with Support Level At 0.7672... We are wating the price to break themt out ... then there will be a conformation that price will go lower ... maybe a chance to get to the consolidation area where the Gartley and support area with Demand Zone are.
-After the price Break the Uptrend to the Consolidation Area ...Price Maybe response to go Higher because:
1-The Consolidation Area ... wth all Factors we mentioned before.
2-Price will maybe Want to Re-test the Broken Uptrend and return to the Broken suppoot ... which is already became a resistance Level.
-So ...... We Can Buy Australian Dollar form the (D) Point Complation of the Gartley Pattern.
-Our Stop must be beyond the Demand Zone and the (X) Point of the Gartely.
-Our target is 0.50 of (XA) leg of the Gartely ... Because the Confluence with The Structure (Support Becomes resistance) ... and also for good R/R Ratio .
Be sure To be Ready ......
Thanks ........!!
1-Gartley Pattern.
2-Consolidation Support Area (The Two Green lines) .
3-Demand Zone.
-Price now moves into a Triangle ... There is an uptrend with Support Level At 0.7672... We are wating the price to break themt out ... then there will be a conformation that price will go lower ... maybe a chance to get to the consolidation area where the Gartley and support area with Demand Zone are.
-After the price Break the Uptrend to the Consolidation Area ...Price Maybe response to go Higher because:
1-The Consolidation Area ... wth all Factors we mentioned before.
2-Price will maybe Want to Re-test the Broken Uptrend and return to the Broken suppoot ... which is already became a resistance Level.
-So ...... We Can Buy Australian Dollar form the (D) Point Complation of the Gartley Pattern.
-Our Stop must be beyond the Demand Zone and the (X) Point of the Gartely.
-Our target is 0.50 of (XA) leg of the Gartely ... Because the Confluence with The Structure (Support Becomes resistance) ... and also for good R/R Ratio .
Be sure To be Ready ......
Thanks ........!!