In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley pattern. Obviously my limit is placed at the 1.618 extension of the BC leg, leaving us a roughly 2:1 risk reward ratio. if the market rallies higher than the stop, there is a chance for a deep crab pattern, so check back in for a market reversal. As always, don't forget to like, comment and follow. Good Trading!
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