GBPCAD Weekly Harmonic Gartley Analysis and Strategy

We see the formation of and are predicting the completion of a Gartely pattern @ 1.62100 as seen on the weekly chart. In the case the price action breaks below 1.62100 it will fall to 1.6000 to complete the Gartley. Therefore our strategy is the hedge the position if we see a bearish candle close below 1.62100 on the 4 hr chart then we will hedge position to 1.6000.