UPDATE --- USD/CAD Short Trade

USD/CAD price is currently between the 61.8% and 78.6% Fibonacci retracement levels of XA.  A nice Bearish Gartley pattern has formed.  Look to go Short anytime now.  Some may want to wait for a bearish candlestick signal.  I would place my stop above point X, at least one ATR away from your entry price.  The Average True Range for the the USD/CAD for the last 200 trading days is about 60 pips.  Happy Trading.