Hello traders, here is a short term opportunity on the 1h chart with NZD/CAD.
A valid bullish gartley pattern has fully formed with a 1:2 risk to reward.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
If you want more trading inspiration be sure to connect with me below :)
A valid bullish gartley pattern has fully formed with a 1:2 risk to reward.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
If you want more trading inspiration be sure to connect with me below :)
ความคิดเห็น:
Quick update on the daily chart for those not in the Telegram channel.
ความคิดเห็น:
NZD/CAD is running in profit right now, to all those holding you will want to manage your position at 0.382 as shown below.
Once we reach this price level I would advise moving your stop loss into profit or closing your position to secure around 2%.
The B point has proven to be a key level of resistance, we need a clear break above this level in order to achieve our targets.
Once we reach this price level I would advise moving your stop loss into profit or closing your position to secure around 2%.
The B point has proven to be a key level of resistance, we need a clear break above this level in order to achieve our targets.
ความคิดเห็น:
0.382 has now been achieved, make sure your stop loss has been moved into profit or close your position with an average 2% gain.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร:
Well done to all those who took this position, have an excellent weekend everyone!!!
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