NZD/CAD - Bullish Gartley

Hello traders, here is a short term opportunity on the 1h chart with NZD/CAD.

A valid bullish gartley pattern has fully formed with a 1:2 risk to reward.

The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786

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הערה:

Quick update on the daily chart for those not in the Telegram channel.

הערה:

NZD/CAD is running in profit right now, to all those holding you will want to manage your position at 0.382 as shown below.

Once we reach this price level I would advise moving your stop loss into profit or closing your position to secure around 2%.

The B point has proven to be a key level of resistance, we need a clear break above this level in order to achieve our targets.

הערה:

0.382 has now been achieved, make sure your stop loss has been moved into profit or close your position with an average 2% gain.

עסקה סגורה: היעד הושג:

Well done to all those who took this position, have an excellent weekend everyone!!!