Alexander_Nikitin
Short

usdcad downtrend continuation

FX:USDCAD   U.S. Dollar/Canadian Dollar
Hello, trader. Going to take this gartley formetion to enter shor             in anticipation of the downtrend to continue
Trade active: the orders are triggered.
Trade closed: target reached: This one was a wonderful winner))
C leg got to touch the .618?
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Not in my trading plan
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A very good setup.
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Yeap. thank you)
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Hi Alex, did you already short this trade or still waiting to enter
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I already entered short)
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Shogun10 Alexander_Nikitin
Hi Alex, what's the target?
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It depends on your trading plan. In my live trading room we usually take 61,8 retracement of the lowest close of A-point to D-point. I personally take 1,272 extension of XA. Taking 1,272 you generate more pips in the long run but you have only 3 winners out of 10. That's why I tell my student first master the 61,8 target. In this case the accuracy is about 50%.
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Shogun10 Alexander_Nikitin
ok thanks, how to access your trading room??
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Contact me in private messages
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I don't understand anything from your drawings, mate)
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ahmedfx Alexander_Nikitin
its Gann Analyse
+1 Reply
amazing analysis
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This one will keep going. Nice entry, should have let it run after 1 daily ATR+ profit mate.
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Well, maybe. Just took 1,272 extension of XA as target)
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