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lyl89

USDCAD - Bearish Bat and Gartley Pattern on H4 Chart

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
lyl89 Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD usdcadshort Gartley Bearish Gartley Bat Bearish Bat Harmonic Patterns harmonicforex
4
0
usdcad usdcadshort gartleypattern bearishgartley batpattern bearishbat harmonicpatterns harmonicforex
The gartley pattern (in grey) has completed.
However, I do not like the R:R for this pattern.
Instead, I am going to wait for the bat pattern (in blue) to complete.

R:R for bat pattern are 1.3 (TP1) and 2.2 (TP2).

I will update when pattern completes.
Comment:
Comment:
For those who shorted the gartley pattern, trade should be running at about 20 to 25 pips.
Comment:
Gartley pattern has hit TP1 at about 49 pips.
Comment:
Those who shorted the gartley, you should close and lock in whatever profits you have now. I just spotted a shark pattern, TP1 is almost hit.
snapshot
Comment:
TP2 almost hit for shark pattern.
snapshot
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