SergeantPringles
Long

USDCAD - Break of trendline to go long

FX:USDCAD   U.S. Dollar / Canadian Dollar
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Im currently short based on this Gartley . if we get down to C i will stop and reverse to go long following the break of the trendline .
USDCAD completed a 5 wave down structure and did now break the trendline , so strong indication that my counting is right and we will see a bigger ABC correction now (orange)
with this stopplacement we can however only look for the A wave as a potential profit. everything else would be too risky since the market will most likly come down quite abit within the B wave which puts our stops in danger (which will most likly be breakeven at that point)
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