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GBPCAD - Gartley Pattern Completed
British Pound / Canadian Dollar
Long
GBPCAD - Gartley Pattern Completed
By lyl89
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Updated
Jan 10, 2018
7
Cheer
Cheer
4
4
Jan 8, 2018
A bullish Gartley pattern has completed with RSI at the oversold level and price in PRZ.
Traders can enter now or wait for a better entry price within PRZ to long.
R:R at 1.2 (TP1) and 2 (TP2).
DO exercise risk management as SL is quite deep.
Good luck.
Jan 10, 2018
Comment
SL shifted to breakeven, it is now a risk-free trade.
Jan 12, 2018
Comment
TP1 is almost achieved, you may shift SL to 150 pips profit if you like.
Jan 12, 2018
Trade closed: target reached
TP1 hit at 249 pips, hope you guys did follow =)
Jan 17, 2018
Comment
If you are comfortable with more than 300 pips, do lock in and secure all your profits now.
Jan 18, 2018
Trade closed: target reached
TP2 hit after Canada's interest rate decision result was released.
Congrats, 10 days, 400 pips gained for those who followed.
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