Possible Gartley on GBPCAD 1h

B retracement is almost perfect on this one (0.617) but BC leg is only 2 bars, so CD might complete really fast. Keep an eye on it.

Projected numbers look like:
Entry: 1.7012
SL: 1.6940 (couple of pips under X. Select any other level if you want to be aggressive.)
TP1: 1.71045 (.382 AD 1.3 RR )
TP2: 1.71617 (.618 AD 2.08 RR)

Good Luck!

ออเดอร์ถูกยกเลิก:

PA went well over the limit for the C point (1.7232 according to my rules) and even reached the A point level. Definitively not a Gartley for me...

But if PA reaches the the zone 1.7295 - 1.7380 we might be looking at a Cypher... so I will keep an eye on it an will publish a new idea if the Cypher forms.

'till then.