Good Morning Traders! AUDNZD has completed a beautiful Gartley pattern on the 4H chart. The PRZ is tight, with confluence between AB=CD, .786XA and 1.13BC extension. The weekly pivot is precisely confluent with the .382CD retracement and provides a great target. It is smart to put stops beyond XA on these patterns. Happy Trading!
액티브 트레이드:
Also note that on a larger TF, there is a Gartley PRZ of almost the exact same structure being retested:
