A beautiful bullish Gartley completed on USDCAD . We're looking for targets at the 0.382 and 0.618 retracements both at previous structure. Keeping a 20 pip stop below X, we're looking at a nice risk/reward ratio.
New !!!! Crypto High Tops available now on https://unicornllama.com Do also check our brand-spanking-new Crypto Sports Edition
I don't mind at all, and yes it could be a potential butterfly. However, the AB-leg did not close below the 0.786 retracement of XA.
It all depends on what your rules are for a specific pattern, for me a butterfly needs to close exceeding the 0.786.
As always though, only time will tell where the market will be going :)