vitelot

USDCAD M15: Gartley pattern

Short
vitelot Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello traders,
a Gartley pattern is almost complete on USDCAD 15 min timeframe.
Point D is going to land on an interesting region at both daily level (orange band) and
weekly level (purple line).
There is a structure between X, A and B that could weaken this pattern, though.
Trade closed: target reached:
went long after an evening star at M5 defining the D point. Profit taken at the purple support. 22 pips.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.