StevenH
Short

Reason to short USDCAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
Missed the entry on this gartley pattern on the daily time frame, but plan to take a short position if price action makes it back up to the .127 extension on my D-leg of the pattern. But even it price doesnt make a move back up to the entry point i plan to find reasons to get short on the lower time frames considering this pattern has completed here on the daily and the extremely overbought condition of this pair. If price makes it to entry point then stops will be above X-leg and targets will be the .382 and the .618 for second targets.

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