AUD/ USD
AUDUSD here we have a great situation on our hands for next week. We have a deep Gartley, which is a new pattern all together, and a dirty bat pattern. We have a trading oppritunity either way PA wants to go. im going to discuss the the two patterns next.
the deep gartley is a little gem that scott carney has not really talked about pubilicly but in his 3rd volume of the Harmonic Trading series. its the traditional gartley but with an 886 xa leg. now this is only used if the abcd pattern completes past the 886. now the completion point of the pattern is determined by the ABC EXTENSION and NOT the recipocal measurement.
now on to the "dirty" patterns. i prefer to go from wick to wick on my measurements my xa points are strictly wick to wick and this does not waiver. now what does have a little room for movement is the "B" and "C" points. if the B and/ or C point wick wicks below the desired fibo ratio but closes at or slightly above/below , usually within 1-3 pips ill count the point valid. if not ill stop measureing. the reason for this is becasue i have found that the atterns are still successful after the pattern completes when the wicks violate the ratio but PA respects it. i call it dirty becasue its not a nice clean wick to wick pattern through and through.
#RiskFreeOrBust
AUDUSD
the deep gartley is a little gem that scott carney has not really talked about pubilicly but in his 3rd volume of the Harmonic Trading series. its the traditional gartley but with an 886 xa leg. now this is only used if the abcd pattern completes past the 886. now the completion point of the pattern is determined by the ABC EXTENSION and NOT the recipocal measurement.
now on to the "dirty" patterns. i prefer to go from wick to wick on my measurements my xa points are strictly wick to wick and this does not waiver. now what does have a little room for movement is the "B" and "C" points. if the B and/ or C point wick wicks below the desired fibo ratio but closes at or slightly above/below , usually within 1-3 pips ill count the point valid. if not ill stop measureing. the reason for this is becasue i have found that the atterns are still successful after the pattern completes when the wicks violate the ratio but PA respects it. i call it dirty becasue its not a nice clean wick to wick pattern through and through.
#RiskFreeOrBust
AUDUSDCatatan
price has entered the the PRZ exited and is now rentering. i have the top of the prz as the 1.618 alternate abcd but if you want the 1.27 is a bit lower. wait for the test of the prz. today is NFP for this pair and all USD pairs ,so be careful in the choppy waters today!!! wait for the confirmation signal whether that be PA or indicator, oscillator or all three!Catatan
price is back in the PRZ wait for the pattern or formation!
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