AUDUSD Forecast and Trade Setup for the week 24th Feb, 2014 - (Bullish Gartley is in play)

AUDUSD Forecast and Trade Setup for the week 24th Feb, 2014 - (Bullish Gartley is in play)

Weekly Chart

Daily Chart

Hourly Chart

My View from last Monday's analysis for the Aussie has changed from bearish to bullish. After holding price above the 90 level for majority of last week and price action of Daily Candle, Ichikumo also suggesting we should trade a higher. Also a correlated pair of EURUSD my view is that we will also trade higher, and if so, my view on the aussie matches up .
On Friday I have spotted a bullish gartley and bought it at the 78.6 , we have hit our first target, and still in and looking for above .90's target.

Outlook Trade opportunity

We are still in the bullish gartley trade from Friday

Risk Level Low

Tips -

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