TradingView
JasonSong
Jul 10, 2015 12:44 PM

USDCAD Gartley Pattern D1, good for SHORT Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD Gartley Pattern D1, good for SHORT.
I sold two 0.1 lots and one of them got stop-profit, great. I believe that USDCAD will continue to retrace in the following several days.
Comments
The_Cannalyst
thx for sharing..imo a short is a very nice idea but just for the shortterm...the longterm view seems to speak another language :-)

EverythingForex
Jason, it's good you picked up on this. Shows you are starting to understand harmonic patterns. This Gartley has been posted and talked about by many traders here in the past week. I posted about this pattern and trade 2 weeks ago. BUT in trading in general, harmonics is just one tool I use in determining my trades. Yes, I agree that there's some downside to this pair in the coming days BUT it's limited. Read my post and you'll see why I think so. There's a MUCH larger upside to this pair yet to come, IMO.

Hope you don't mind my comments because I just hope to help others in trading. Not just to criticize. If anything, it's constructive criticism. Hope you don't take offense.
JasonSong
WOW you chart and analysis is really impressive. Thank you so much for you suggestions and criticisms. M sure your analysis will benefit me and other traders a lot.
More