GBP/AUD Flag + Gartley Pattern

20 ม.ค. 2016

Great setup for us here on the GBP/AUD as we have a Flag Pattern (which often breaks to the direction of the flag) and a Gartley. If the Gartley completes at the 78.6 retracement level then we have a great R/R as we move up to the upper structure level of the correction pattern. I wouldnt recommend having profit targets any higher then that, as the bullish sentiment for the GBP is rather weak right now.