Bearish Gartley Pattern on USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
Here we have a bearish Gartley pattern completed. Ideally, the D leg should complete at around 0.786 of X - A. on this pair, it goes slightly higher. I draw the Fibonacci extension from the swing low to B point to get a clearer projection of where it may complete. as shown in the picture, currently price is at 1.272. This area could be a reversal zone for this pair should we consider to go short, with stop loss placed above the X.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out