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unique4x
Jun 19, 2015 2:26 AM

USD/CAD Is Forming A Nice Gartley Pattern On The 4H Chart Long

U.S. Dollar/Canadian DollarFXCM

Description

USD/CAD is forming nice Gartley pattern on the 4H chart.

This pair is setting up nicely for a Gartley pattern which may complete down at level D. Since level C was somewhat shallow we have increased the D level as sellers may have more control over buyers in the short-term. We will be buyers around 1.20400 with a stop-loss of 140-150 Pips. If level D holds true to form we could see a bounce of 200-300 Pips.
Comments
Alexander_Nikitin
It not a gartley pattern. it's a bat pattern))
Alexander_Nikitin
Hey, mate. I'm trading bats consistently for a long time. They are very effective if you know the tips. See my thoughts about bats.




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