FX:AUDCAD   Australian Dollar/Canadian Dollar
20 0 1
If price drops to the .996 level a bullish Gartley pattern will complete. My stop would be 15 pips below X at .9936 and look to take profits at the .382 and .618 Fibonacci retracement of A to D. If price reaches the .382 level I will move the stop loss to break even and possibly implement a trailing stop loss. We will see how it goes, this could be a very profitable trade being close to 6:1 risk/reward if the price reaches 6.18.
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