pauljaime

CADCHF M15 - Projected Bearish Gatley

pauljaime 已更新   
OANDA:CADCHF   CAD/CHF
We have a potential bearish Gartley formation coming together for CADCHF on the M15 chart. I am not 100% on board with this formation due to two issues, first, the potential reversal zone is too large. The .786 X-A fib retracement is at the same level of the B point, and the distance to the 1.27 A-B extension is large. Also, B is touching .786 X-A fib, technically breaking Gartley formation rules and yielding low back testing results. There is prior support at this level, so let's see what price action presents us if we reach the reversal zone.

I welcome your thoughts and comments, positive or negative, I learn from them all.
-Paul
评论:
Pattern completed in the reversal zone and turned to hit potential C-D .386 and .618 targets.
Let's continue learning.
评论:
.382, that is :D

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。