Looking at USDCAD we see that the RSI is heavily oversold. I am long in the gartley pattern since 1.2837.
For those traders how might have missed this pattern, you get a second chance with much better RR ratio.
Remember you follow your plan!
Best of luck, Felix.
Website: www.ogtpartners.com
Twitter: goo.gl
Facebook: goo.gl
AUDUSD is still in a downtrend. Therefore we're looking to take shorting opportunities to hop on the trend.
This gartley pattern gives us pattern traders a valid short.
Depending on your personal rules you can either trade this pattern with conventional targets (38,2 & 61,8% from A-D) or as a TCT as shown on the chart.
Website: www.ogtpartners.com
Twitter:...