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#GBPAUD long on gartley

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FX:GBPAUD   ポンド/豪ドル
PA completed the pattern and shot right through the completion level just to stop @161.8 ext. of previous HL (higher low). Although PA punched through the 161.8 level and previous structure low failing to close below 1.8014 shows that the bullish gartley pattern is still valid. On top of that an ABCD completion also @161.8ext. With 8 H4 candles failing to close below support I would regard the 1.8014 as a bottom .

The RSI is coming into neutral zone and PA @ strong structure res., but, there's evidently a gap that needs to be filled ranging from 23.6 - 38.2 for T1 :)

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