InsideMarket

AUDCAD - Possible Gartley pattern in play

FX:AUDCAD   Avustralya Doları/Kanada Doları
Update: At first I said the Gartley pattern was a Bat pattern. I corrected it.
Also, The Gartley pattern MAY BE a Butterfly pattern. This would invalid the whole analysis, even the Elliott ABC derived for the last impulse (the blue arrow).
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Following the Elliott correction of the previous impulse, it is possible the development of a Gartley pattern.

The PRZ is the potential reverse zone expected for both ABC pattern (Wave C been a 5 waves) and the advanced pattern.

Stick to your rules of engagement and play safe!
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.