AUDCAD: Another Successful 2618 Turned Potential Gartley

We saw this earlier in the week on the DAX, but chart above features a completed 2618 trade that is now looking to potentially complete a bullish Advanced Gartley Formation down at the .9957 level.

This type of trade represents a perfect example of when to use a "Stop and Revers" (SAR) in order to liquidate the remained of the original positions and immediately get involved in the new one.

With this being the last trading day of the week I'm interested to see how things play out. I'm having a good week thus far BUT I've got a few positions open on YEN pairs that are holding a lot of risk so the numbers can easily flip.

As always I'll keep you guys updated in my next video.

Good luck out there today traders. TRADE SMART

Trade active:

Filled Long

Trade closed: target reached:

1st targets Achieved

Comment:

Forgot the total +63