This AUD/USD 4h chart shows price is forming a bearish Gartley at the 0.9160/70 area
4H Chart
Looking at the 1H chart it is very apparent that a bearish 3 Drive pattern is forming at 0.9160 which further confirms the trade setup on the 4H chart.
Sell = 0.9160
Stop = 0.9204
T1 = 0.9111
T2 = 0.9062
T3 = 0.9007
1h Chart
ADJUSTMENT:
T1 = 0.9111 to 0.9116
T2 = 0.9061 to 0.9066
UPDATE 3-15-10 [11:40 am EST]:
T1 was Filled at 0.9116 [44 pips of profit]
Now we need to move the rest of the stops to break even at 0.9160




