TrendsWithBenefits

AURAUD Gartley and structure line up

Short
FX:EURAUD   Euro / Australian Dollar
Looking at a Gartley pattern on the EURAUD that completes at a major structure level.

The level has been hit several times (it goes way back, beyond what i can fit in the picture) and the price has turned and bounced many times.

This time along with a Gartley pattern completion.
We have a nice 1:2 risk/reward on the first target and more than 1:3 on the second target.
Stops go right above the X point of the impulse leg.

Good luck!

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