Short
My First Gartley
I am looking at a Bearish-Gartley in /6C Canadian Dollar futures. I am very new to this website, not sure why it is labeled as D61! but whatever. So X is Monday's high around .75150. A is Tuesday's low around .74630. B is a .618 retracement of XA. C is a .786 retracement of AB. D is the reversal and entry point. I entered the trade at .75065 the 1.272 extension of ABA. I have my stop at the .75210, just above last Thursday's high. My one and only profit target is the .74845, this is the .382 fib of AB. This is a live trade with one contract.
Wish me luck
Wish me luck
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