titi
Short

Bearish Gartley USD Loonie

FX:USDCAD   U.S. Dollar/Canadian Dollar
299 5 0
self explaining
TG1 at C and TG2 at D all hit.
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Update 2. USDCAD: Careful 16:00 CET, maybe pullback to 1.028 on data release
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Update USDCAD: low of today at 4 pips shy of TG at point C. BC leg of Gartley complete? Watch level carefully on Monday, maybe CD leg underway next week. Cheers.
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down from here? I believe in the correlation that when stocks go down, USD/CAD goes up. I think that stocks are in for a messy ride soon or a panic sell off... I hope not!
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titi sunny
That is what I see, at least half of the Bearish gartley, point B is at 0.616 of XA, very tempting for a Gartley. Ichimoku structure is bearish and there's also the descending trend line on W from 2010/05/24. What stocks do you mean? SPX500 is going up (MACD has crossed upward on D). USDJPY can be making another Gartley (at the moment 05% Fib retrace, can go to 618%). But as always I can be wrong mate!
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