FX:AUDCAD   Australian Dollar/Canadian Dollar
I love locking the price between 2 or more advanced             formations. On 1H, AUDCAD             price is giving a potential Bullish Gartley Formation and a potential Bearish Gartley Formation.I love to see when market is in sideways moves because this is the birth place of all Advanced             Patterns.
Which one will be triggered first?

Good Luck!

I'm Alex             and I'm a Professional Currency Trader & Owner of - http://www.beaprofitabletrader.com

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Thanks Alex!
Just a question: in the potential bearish gartley why did you put your entry level al the 88,6% instead of the 78,6%?
Reply
Aleksandar_Rose FabianoGollo
Hello Fabiano,
Completion level for Gartley is based on 1.272 Expansion on AB wave.
Reply
FabianoGollo Aleksandar_Rose
Thanks Alex,now i understand!
Many traders suggest a retracement of the XA leg..
Reply
Aleksandar_Rose FabianoGollo
It is important to have a set of rules that are backtested.
Reply
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