USDCAD - Bearish Bat and Gartley Pattern on H4 Chart
The gartley pattern (in grey) has completed.
However, I do not like the R:R for this pattern.
Instead, I am going to wait for the bat pattern (in blue) to complete.
R:R for bat pattern are 1.3 (TP1) and 2.2 (TP2).
I will update when pattern completes.
However, I do not like the R:R for this pattern.
Instead, I am going to wait for the bat pattern (in blue) to complete.
R:R for bat pattern are 1.3 (TP1) and 2.2 (TP2).
I will update when pattern completes.
Note
Note
For those who shorted the gartley pattern, trade should be running at about 20 to 25 pips.Note
Gartley pattern has hit TP1 at about 49 pips.Note
Those who shorted the gartley, you should close and lock in whatever profits you have now. I just spotted a shark pattern, TP1 is almost hit.Note
TP2 almost hit for shark pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.