TerryHarmonicTrading
Short

USDCAD - Perfect ABCD and Gartley off channel high

FX:USDCAD   U.S. Dollar/Canadian Dollar
Hey guys, I am eyeing a very high probability setup coming up on USDCAD             next week.

This is a good setup because

1. It has a deep gartley setting up at 1.3240
2. ABCD completion
3. We are selling off the H4 channel top

Will monitor RSI for dvergence/OB before execution.

Plan, execute and follow through for all these trades.

EP: 1.3240
SL: 1.3290 (50)
TP: 1.3050 (190)
Trade closed: stop reached: Got stopped out at 1.3290.

Price reversed at around 1.3295, what a waste.

Should have used round number +10-15 pips as my usual sl strategy.

Good lesson, moving on to the next trade.
Fantastic setup Terry...
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AB is significantly more than 61.8% of XA, will you still consider this as Gartley?
Reply
It's between 60-70. Definitely still a Gartley for me.
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pipstrading TerryHarmonicTrading
thank you
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