Short Gartley pattern on AUDNZD
Australian Dollar/New Zealand Dollar FX:AUDNZD
Hi guys,
there are some instances where i trade directly at the D point of an harmonic pattern , and this is one of these cases. Reason why is that price has been rejected from a major resistance level and right afterwards it created this simple harmonic formations known as Gartley pattern . As of now, i’m looking to short the D completion point and set targets with the green lines and stop above X (red line).
If you have ideas/questions, feel free to comment beneath.
Otherwise, see you in the next chart!