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
HexVex
2 years ago
bullshit!
Reply
HexVex
2 years ago
Your Gartley doesn't exist. Your measurements proove it? That is not a gartley. It's crap :)
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JasperForex PRO HexVex
2 years ago
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
2 years ago
well done for the effert
+1 Reply
JasperForex PRO Evo1
2 years ago
Thanks!
-1 Reply
KlejdiCuni HexVex
2 years ago
Someone has learned how to take attention... Are you in the kindergarden yet ???
Great post Jasper... as always :)
+1 Reply
JasperForex PRO KlejdiCuni
2 years ago
Thanks for the support! I appreciate it.
-1 Reply
JbAmbegoda
2 years ago
I think this is good way to learn something..... so I follow u
+1 Reply
JbAmbegoda JbAmbegoda
2 years ago
And good job thanks for the helping others
+1 Reply
JasperForex PRO JbAmbegoda
2 years ago
You are welcome, thanks for responding and thanks for the support.
-1 Reply
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