A potential long opportunity at the completion of a bullish gartley which is at the 1.272 extension of the AB leg.
Stops need to go below X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
A potential long opportunity at the completion of a bullish bat which is the 0.886 retracement of the XA leg
Stops need to go below X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
A potential long opportunity at the completion of a bullish cypher which is the 0.764 retracement of the XC leg.
Stops need to go below X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential long opportunity at the completion of a bullish bat which is the 0.886 retracement of the XA leg
Stops need to go below X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg.
Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential short opportunity at the completion of a bearish bat which is the 0.886 retracement of the XA leg
Stops need to go above X. TG1 is at the 0.382 retracement from A to D. TG2 is at the 0.618 retracement from A to D
A potential long opportunity at the completion of a bullish cypher which is the 0.764 retracement of the XC leg.
Stops need to go below X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential short opportunity at the completion of a bearish gartley pattern.
To have a valid gartley pattern I look for a 0.618 fibonacci retracement of the XA leg which is the point B.
Then I need at least a 0.618 fibonacci retracement from the AB leg but not beyond point A. This gives me the point C.
At last I look for entry at the 1.272 fibonacci extension...
Here we see a gartley pattern that was powered by another gartley pattern in some consolidation on the 30 min USD/CAD charts.
If you were smarter than me, you noticed the original Gartley pattern formed in this consolidation (highlighted in orange). I personally did not trade this pattern, but it played out perfectly to the 1.618 extension of the BC leg. That...
Above we are seeing a wedge consolidation around 96.00. obviously inside of consolidation is when we look for patterns; and what do you know, we found a Butterfly pattern supported by a Gartley pattern in the end of the wedge, generally a wedge like this symbolizes a reversal, so we are using that as foundation that the Butterfly Pattern will complete Upon...
In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley...
