TradingView
Mikoxl.
Mar 25, 2014 9:10 PM
Bearish gartley (4H)
Short
FX:AUDCHF
240
Australian Dollar/Swiss Franc
FXCM
Description
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Mar 25, 2014 9:10 PM
Bearish gartley already completed, but I'm wating for a last push into PRZ (possible hit of the trendline)
Comments
Mikoxl.
⋅
Mar 25, 2014 9:47 PM
Default SL is 1.113 of move A to X which should line up with 1x to 2x ATR. 1.113 extension of AX = 0.8213
Now I measured an ATR of 29 pips at the last spike. So the SL is roughly 1.37xATR.
My targets are the 38.2 and the 61.8 retracement of A to D (initially)
Technician
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Mar 25, 2014 9:49 PM
cheerz
Technician
⋅
Mar 25, 2014 9:21 PM
Nice one, target and stop ?
More
Now I measured an ATR of 29 pips at the last spike. So the SL is roughly 1.37xATR.
My targets are the 38.2 and the 61.8 retracement of A to D (initially)