Possible Gartley on GBPCAD D
Updated
As you can see, this channel has already produced a Bat and a Cypher (very good ones btw), and now a Gartley is forming.
For sure is not a perfect Gartley... B point is far away from the ideal .618, but it is also far away for the .786 (Butterfly B)
I'll keep an eye on the price (and the very important news to come on monday).
Numbers look like:
Entry: 1.69234
SL: 1.67580
TP1: 1.71548 (1.38 RR)
TP2: 1.72262 (1.84 RR)
TP3: 1.72977 (2.25 RR)
etc...
Not a perfect one, so no Limit Orders entries...
For sure is not a perfect Gartley... B point is far away from the ideal .618, but it is also far away for the .786 (Butterfly B)
I'll keep an eye on the price (and the very important news to come on monday).
Numbers look like:
Entry: 1.69234
SL: 1.67580
TP1: 1.71548 (1.38 RR)
TP2: 1.72262 (1.84 RR)
TP3: 1.72977 (2.25 RR)
etc...
Not a perfect one, so no Limit Orders entries...
Order cancelled
Pattern never completed...
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