Potential Bearish Gartley in AUDCAD Short

FX:AUDCAD60

Australian Dollar/Canadian DollarFXCM

Description

⋅ Mar 14, 2017 5:28 PM

There is potential deep Bearish Gartley in AUDCAD completing at 1.0245. Stop is above X, targets at 38.2 and 61.8.

Trade active

⋅ Mar 16, 2017 12:11 PM

Targets adjusted to price action.

Trade closed: stop reached

⋅ Mar 17, 2017 12:17 PM

Gartley AUDCAD

Comments

Yakir

⋅ Mar 17, 2017 12:13 PM

OH-oh-oh - stop hitted

Yakir

⋅ Mar 16, 2017 12:15 PM

so can we keep upto first target ?

DKrastev

⋅ Mar 16, 2017 12:16 PM

@Yakir, Yes, you can, but I adjust the targets when the price action moves beyond the entry point. It has to be tested if with original targets and no moving can give better results.

Yakir

⋅ Mar 16, 2017 12:19 PM

@DKrastev, thanks

Yakir

⋅ Mar 17, 2017 9:08 AM

@DKrastev, pls advice when we can put the breakeven
thanks

Yakir

⋅ Mar 16, 2017 12:08 PM

I'm in short