glennmercer
Long

USDCAD Long: Gartley TCT at Wave ((iv)) S/R Zone

FX:USDCAD   U.S. Dollar/Canadian Dollar
a year ago
USDCAD             has completed a bullish Gartley pattern in in a significant area of support. The Gartley PRZ is confluent with previous wave four support, making it possible to catch fifth wave movement to the completion of the impulse. On the longer term, I am bearish on this pair as multiple D1 bearish patterns are emerging. Near-term, this TCT has a R/R of 4.4 and the Gartley/EW targets align precisely with my short entries.

Confluence in the PRZ:
  • Bullish Gartley pattern completion
  • AB=CD pattern completion
  • Wave ((iv)) support at entry
  • Wave ((v))/5 completion at target

Thanks for your support and don't forget to click the thumbs up button and follow for future updates and more trade ideas!

Here is a longer TF Outlook to consider:
Short USDCAD: Wolfe Wave + Crab + Long OIL
a year ago
Trade closed: target reached
Follow me on twitter: @gmercerfx
Shoot me an email: gmercerfx@gmail.com
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out