jgibs533

jgibs533

USDCAD came down to a major support level after a long fall down. It has now made a transition to a bullish trend and here we have a nice bullish gartley to hop on the train the upside. Because it is a TCT first targets are at previous structure and extended targets based on structure levels.

jgibs533

Mr projection for a possible multi trade set up. A Double top has completed with good structure left and Strong RSI divergence. If it shorts could complete a gartley where D point is exactly even with X point= good R/R. buy til .618 to get in on a 2618.

jgibs533

The strategy I am working to perfect is advanced pattern and structure based trading. If I have learned anything at all its that this chart is giving me both. For this particular set up the cypher and potential Gartley (fingers crossed) are there for confluence. Due to risk/ reward I want to trade this as a structure based trade. The structure left on the daily...

jgibs533

First time publishing an idea, more or less trying to build up the portfolio while still learning. Based on strong prior structure, AB=CD pattern and a 1.618 fib extension. This should give a small risk for a big reward. I will wait for a good indicator of where to enter exactly. A double bottom would be ideal.