AUDCAD: Another Successful 2618 Turned Potential Gartley

FX:AUDCAD   Australian Dollar/Canadian Dollar
We saw this earlier in the week on the DAX             , but chart above features a completed 2618 trade that is now looking to potentially complete a bullish Advanced             Gartley Formation down at the .9957 level.

This type of trade represents a perfect example of when to use a "Stop and Revers" ( SAR             ) in order to liquidate the remained of the original positions and immediately get involved in the new one.

With this being the last trading day of the week I'm interested to see how things play out. I'm having a good week thus far BUT I've got a few positions open on YEN pairs that are holding a lot of risk so the numbers can easily flip.

As always I'll keep you guys updated in my next video.

Good luck out there today traders. TRADE SMART
Trade active: Filled Long
Trade closed: target reached: 1st targets Achieved
Comment: Forgot the total +63
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thanks Akil
+1 Reply
No problem
Nice Trade
+1 Reply
Akil_Stokes PRO edwardtackett
Thank you
Hi Akil! now that the cash from the bat pattern is in the bank, do you also see a bearish cypher forming (4H)? it seems like this pair has a never-ending chain of trading opportunities and patterns thesedays :D Cheers Pat
+1 Reply
gartley, not bat of course
Yes I do, this was actually my best advanced pattern formation pair last year as it consistently provided us with back to backs. This year not so much but consolidation will do that for you.
+1 Reply
I dont see double top there ?
+1 Reply
Akil_Stokes PRO PiotrCzajkowski
What price point are you referring to?
Are we now looking at a Bearish Cypher?
+1 Reply
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