pipstrading

Is this Valid Bearish Gartley or just way to form Bearish BAT?

FX:USDCAD   U.S. Dollar / Canadian Dollar
20 0 2
If you dont look at the long term W chart, you might have missed the chance to short USDCAD             to enjoy the 2,000 pips profit.

Is this considered a valid Bearish Gartley? We saw significant price action to fall at 78.6% retracement and then now hit target price 1. However, AB is less than 61.8% retracement of XA. Is it just part of the way to complete the bearish BAT?or will it continue to move down to target price 2?

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