coffeteaorme
Long

USDCAD 99.99% Gartley The Bat

OANDA:USDCAD   USD/CAD
217 4 9
Look at the chart, don't trade if you don't understand.

The Bat
1.Move AB should be the .382 or .500 retracement of move XA.
2.Move BC             can be either .382 or .886 retracement of move AB.
3.If the retracement of move BC             is .382 of move AB, then CD should be 1.618 extension of move BC             . Consquently, if move BC             is .886 of move AB, then CD should be 2.618 extension of move BC             .
4.CD should be .886 retracement of move XA.

Related Ideas

otto75
2 months ago
This analysis was flawless!
Reply
coffeteaorme otto75
2 months ago
not for me, stoplos... -__-
Reply
otto75 coffeteaorme
2 months ago
oh shit, I've been learning on putting my SL where the market makers won't reach it but been handling a very tight Risk Management so it doesn't blow my acct.
Reply
SungPLM
2 months ago
damn stop losse should be called stop win
Reply
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