Here is a possible scenario with an advanced formation , to juxtapose the 2017 triangle that is developing.
A Bearish Gartley Pattern is proposed. Look to sell at D point ( which will be just under a possible triangle E wave completion) .
Stops would be above the supply zone.
The targets are depicted at points B,C, Swing Low Prior ( B point of triangle) , Measured Move ( A - B point vertical distance) .
This is a please consider only, to see how events unfold in the next few months for the Aussie. :)
A Bearish Gartley Pattern is proposed. Look to sell at D point ( which will be just under a possible triangle E wave completion) .
Stops would be above the supply zone.
The targets are depicted at points B,C, Swing Low Prior ( B point of triangle) , Measured Move ( A - B point vertical distance) .
This is a please consider only, to see how events unfold in the next few months for the Aussie. :)