TerryHarmonicTrading
Short

USDCAD - Perfect ABCD and Gartley off channel high

FX:USDCAD   U.S. Dollar/Canadian Dollar
2 months ago
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)
2 months ago
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.
Harmonic trader based in Singapore. Learned directly under the great Scott Carney. For FREE live trading webinars, trading resources and market analysis, please do visit my website at Harmonicforex.com
Antilogs
2 months ago
Fantastic setup Terry...
Reply
pipstrading
2 months ago
AB is significantly more than 61.8% of XA, will you still consider this as Gartley?
Reply
TerryHarmonicTrading pipstrading
2 months ago
It's between 60-70. Definitely still a Gartley for me.
Reply
pipstrading TerryHarmonicTrading
2 months ago
thank you
Reply
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