British Pound / Canadian Dollar
Long
Updated

GBPCAD Gartley (4H)

92
Price has printed a very nice Gartley pattern on the 4H, which is also a retracement to 0.38 of a bigger Gartley on the Daily timeframe.

I am unsure if the Daily Gartley will continue to drop, however since it is at a key resistance on the 1D, I am expecting a retracement to 1.75071 (0.38) on the 4H timeframe.
Trade closed: target reached
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.