Pair is now forming a potential bullish gartley pattern completing at 1.50785. RSI is confirming buy signal as its reading is below 30 already, so we might see an RSI divergence at the completion if bears push price any lower. ATR based stops below the Gartley starting paoint X.
I remind you that this is just my vision about possible market movements. If you...
Btc could be fall at the and of the gartley, then could bounce up! As i said in the old chart, these days will be very important. A daily closure under 9000 usd will bring the price down. 9000 usd is an important support as you can see. Stay tuned guys :)
Since Euros recent slow spike to the upside we currently have a retracement in place. price action has been pushing down to a previous structure around 1.19200 zone. In doing so has formed a a Gartley Pattern
Looking to take 2 targets for this one
Target 1 - 1.19258 (38.2 Retracement)
Target 2 - 1.19350 (61.8 Retracement)
today i want to bring an harmonic pattern to you. It's a Gartley pattern and its completion will be around 0,84890.
Remeber to put your stop loss below X, targets at the 382 and 618 retracement of AD leg.
If you have any question, feel free to comment below.
this is a very short term trade on USDCAD. You can see i'm using 15min timeframe, but as usual my analysis starts from higher timeframe. On the 4hr price has recently broken a period of consolidation to the upside, so i'm expecting it to continue higher.
That's why you see those targets, this is actually an advanced pattern entry for a trend continuation...
if you are familiar with harmonic pattern you'll know there are two Gartleys setting up on AUDCAD.
A bearish one and a bullish one, so we have a decent opportunity anyway. This is called "bracketing the market" and it could happen very often with advanced pattern formations.
Both patterns are valid, but the yellow one is in accordance with the major...
today i want to share one of my usual setup when trading. It's an harmonic pattern and it is called Gartley. It will complete at the round number (1,4601) within the structure daily zone (blue box). Therefore i'm going to buy this market if and when price will hit my entry point, with stops below X and targets as usual for patterns.
If you want to ask...
this is a Gartley advanced formation that's about to complete. I think it could be a good idea since price is fronting a structure level that has been respected in the past. I'm using a AB=CD pattern as entry technique in order to have a better risk to reward ratio.
Stops below X, targets at .382 and .618 of AD leg.
Feel free to comment below...
i want to shar with you some analysis on USDJPY.
Here we have a Gartley already completed and a AB=CD pattern right at the same level. Besides, we also are in an OVERSOLD condition and we can see some structure to the left.
I've outlined a small box where i'm looking for long entries in form of double bottom or engulfing kickers.
However, if you're a...
here we have a deep Gartley formation that is almost completing in 4hr chart.
I'm very interested in this opportunity because the completion is near to a daily structure level (black line), and also we have a psychological number supporting us.
In addition to this, a deep Gartley gives us always a nice risk to reward ratio.
My levels are:
Hi traders, today i want to show you an opportunity i will be looking to over the next hours. This is a Gartley advanced pattern formation that completes near to a daily structure level.
My levels are:
Stop Loss: 0,7477s
Target1: 0,382 of AD
Target2: 0,618 of AD
Enjoy, and if you question don't hesitate to ask!
Good luck in the markets.
Looking pretty harmonic here!!!! $42.70 looks like good support on the 4h chart. Might look for a bounce off of the.618 retracement or a move down to point d with a potential reversal zone of $41 to $41.75