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VasilyTrader
2018년 8월 13일 오전 6시 58분

bearish gartley pattern and rsi divergence 

U.S. Dollar/Canadian DollarFXCM

설명


hey traders,
on usdcad we have completed bearish gartley pattern.
For entry I use 1272 extention of AB.
Targets are based on 382 and 618 of AD leg.
Stops go above X.
For this pattern we have really good RR ratio!
Good luck!

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going down

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T1 hit

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almost hit t2

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Still waiting
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profitboss
It retraced 50 PIPs in minutes, hope it goes way down from here.
VasilyTrader
@profitboss, yeah, I see. Probably double top ...
paulsandhu
Great analysis, Vasily! Agreed on the great r/r ratio on this pattern. I entered this trade as a bearish cypher and did not notice the gartley. I guess this is a bonus for us as trend continuation advanced patterns ;-)
VasilyTrader
@paulsandhu, thanks, man! and look, we don't feel any pain on this trade, the market hit reversal zone, and went down
paulsandhu
@VasilyPonomarev, do you use the fibs as exact # targets or do you move T1 and T2 +/- a few pips from there?
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