NZDCAD - 4H - Breakout in progress + Gartley
it seems that we are attempting to breakout of the channel. sadly we cant find a perfect trendline for this channel so the trendline that im using is an aproximation of all swings and what fits them the most.
thats why I wanna see the market a little higher first before and I will probably still sell the gartley due to the market being so downtrendy recently. but if we get up there and see the market coming down into the blue dashed line i might just buy a small position to get a good price for a potential breakout.
stops for that trade would need to go below C of the gartley.
thats why I wanna see the market a little higher first before and I will probably still sell the gartley due to the market being so downtrendy recently. but if we get up there and see the market coming down into the blue dashed line i might just buy a small position to get a good price for a potential breakout.
stops for that trade would need to go below C of the gartley.
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