Art_of_Trading

USDCAD: Gartley Soon

做空
FX:USDCAD   美元/加元
On USDCAD , the price is in consolidation zone last few weeks. This gives us an opportunity for a nice set-up. Potential Gartley pattern appears in this sideways markets, which guides to manage this trade's SL, TP, and Entry point.

Price respects the support level at 1.3179 and it is more likely that the price would not break that level. Thus, it is wise to put the SL below it. P.S This set-up is based on 100% technical analysis; Be extra cautious later today due to fundaments, USD and CAD news coming and price can become volatile that time.
T1 - 38.2%
T2 - 61.8%
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