JasperForex

USDCAD: a Bearish Gartley on the Loonie Part II

FX:USDCAD   U.S. Dollar/Canadian Dollar
This is an update to the trade idea linked under Related Ideas, where I had spotted a bearish Gartley pattern on the 4H timeframe of this pair. For a further description of that trade I refer to the link.

Since then the price printed a new C point for this pattern, widening the potential reversal zone (due to the shift of the AB=CD pattern which is a key harmonic level). Price has now travelled 50% from C towards the (updated) reversal zone.

The key characteristics of the trade have not changed. There are still 134 pips to be made (if this pair follows the script) and the trade still has a reward – risk ratio of 2.0!
You don´t need to be a weatherman to know which way the wind blows - B. Dylan
bullshit!
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Your Gartley doesn't exist. Your measurements proove it? That is not a gartley. It's crap :)
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If you would have provided any reason why this is not a Gartley in your view, I could have reviewed it and compared it with my rules. But, as usual, you stick to profanity and insults. You are a true asset to this community (*sarcasm).
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Evo1 JasperForex
well done for the effert
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Thanks!
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Someone has learned how to take attention... Are you in the kindergarden yet ???
Great post Jasper... as always :)
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Thanks for the support! I appreciate it.
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I think this is good way to learn something..... so I follow u
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JbAmbegoda JbAmbegoda
And good job thanks for the helping others
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You are welcome, thanks for responding and thanks for the support.
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