I'm looking at a potential bullish Gartley pattern here on the AUDUSD hourly chart completing at the 88.6 (0.7553). If the gartley were to complete I'd expect a move back into our 38.2 fibonacci retracement locate at 0.7605. With that level being so close to the 76 even handle it's probably worth front running your targets a little more.
Do be aware that we have Retail Sales news out tonight at 9:30pm and Cash Rate due out at 12:30am NY which should push these thin Asia-session markets, but when the smoke clears, if the pattern is still available it looks pretty appetizing. If you're a trader that can't actively watch the charts during this time period, it may be worth playing the sidelines.
Also for those of you who attended today, I'd love to hear your opinion on how things went. I mentioned the "Kaizen" philosophy in my trading, well i also use that same philosophy in life as well so all comments are welcomed so that day 2 can be even better.
Akil
Do be aware that we have Retail Sales news out tonight at 9:30pm and Cash Rate due out at 12:30am NY which should push these thin Asia-session markets, but when the smoke clears, if the pattern is still available it looks pretty appetizing. If you're a trader that can't actively watch the charts during this time period, it may be worth playing the sidelines.
Also for those of you who attended today, I'd love to hear your opinion on how things went. I mentioned the "Kaizen" philosophy in my trading, well i also use that same philosophy in life as well so all comments are welcomed so that day 2 can be even better.
Akil
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