Gartley Pattern forming on AUDCAD
Another nice advanced pattern formation forming on the AUDCAD on the 4HR chart. The D completion is targeted to complete just above the range support structure. This may create some buffer for the price to continue to move down and test structure. Therefore, must ensure stops can cater for the possible move down. Stops are below the range. Must ensure orders are within a 1:1 ratio or greater for trade to be valid.