Just placed a buy on this one. It's pulled back to a 0.618 retrace level as shown on the 60min chart and RSI is oversold at 21. Looking for targets at 0.618 bull retrace. Stops just below the 0.618.
Waiting for the 1.272 retrace for entry point. The bullish continuation coincides with the larger bullish trend move on the higher charts.
I'm in this one at the bearish gartley but there's also a double top forming. Great opportunity to get in with a .618 retrace on the way down. This one could go down for a while!
Bearish Gartley setting up on 30 min chart.
Just need a pullback to 1.272 rertace for entry point.
Just spotted a little double top on the AUDUSD 15 minute chart. It's topped a resistance line in the larger bearish move. Wait for a .618 retrace on the current pull down, then set target for 1.272 fib extension of A-B for the win!
I've had to move the targets twice but we're still on for a .382 retrace and second targets set at .618. Stop loss was VERY close to being tapped.
Cyphers on the 15/30 min charts. One smaller has just completed (in blue), second cypher is setting up now (in red). There's also possibly a small Gartley setting up in blue on the 5 min chart. All long.
Bullish Cypher and bullish Gartley setting up around 1.05535 and below.
BAT pattern just touched .886 retrace of C-D. Targets set at .382% and 0.5%. STOP at 0.74195. RSI undersold at 27.
You won't catch me stop hunter! Double top still in play.
Playing perfectly along that 1.04141 support line. Bigger picture shows a bullish reversal back up to 1.05368 ish. There's also a cheeky little cypher within the Gartley but I don't think those rules will get met. Set stops below 1.04141.
BIG bearish head and shoulders move coming up. Just woking on an entry point. There's a couple of gartley patterns forming, one bearish (red) and one bullish (blue). Either one can lead on to the larger bearish move.
There's a lot going on with AUDUSD right now. There's a couple of cyphers on the lower 30min chart. One (blue) has just completed with a target .382 hit, the second (red) is looking to reverse shortly. It the hour chart you can see a gartley setting up which will coincide with the uptrend of the two cyphers.