B point is a little bit high (.676 instead of 0.618) so proceed with caution and check PA behavior on the PRZ.
Lots of SL levels to choose from, once D is totally defined.
Numbers looks like:
Entry: 0.94084
SL: 0.9450 (aggressive.... .9485 / 0.95 conservative)
TP1: 0.93363 (.236 1.61RR)
TP2: 0.92921 (.382 2.64RR)
TP3: 0.92564 (.500 3.44RR)
If someone used harmonic pattern in previous briefing, now, may take 3~4% profit.
if you want to read only for 'repeated pattern', go '4.Etc.'.
Let's start the analysis for BTC/USD chart.
If you are busy, you can just read below briefly
'1. Briefing '
'5. Summary and Strategy' and '4. Etc.' either in this briefing.
before read, click '+Thumb up, +Follow'...
Potential Gartley formation set up.
Please use this as an educational purpose, all my patterns are fully tested and trades are placed under strict criteria and rules.
Tactical Trading
-Paul.
Classic Gartley pattern forming on the GBPJPY daily chart. We can look to short in the next 2-3 days on bearish price action at or slightly above the D point.
a potential unified gartley is setting up on euraud. this setup idea demonstrates my approach. if you wish to learn more about my approach you are welcome to ask your questions below. if you want to use this idea as a signal to open your own trades then mind your full responsibility for you actions. don't ask me where you should place your targets and stops -...
all depends on bitcoin as always
just an idea if drops down to o 4800 would disregard this
would not enter until back up at 5400 and sell around 6100 to re-buy 4600
Could be a good idea to lock in some profits just in case BTC has a deep correction. The .774 across the top is very close to an exact .786 for a Bearish Gartley setup. Adam & Eve should still be in play even this correction.
NCashBTC(15m) - Fall to the pair wasn't sudden but a retracement
Initially Gartley pattern detected but the retracement reached only up to 382 and not 786, this could be due the uptrend movement.
While following Gartley, there is a formation of Cypher and Crab pattern which then suggested the downward momentum for D completion point.
Due the formation of C leg of...
Chart shows 2 relief rallies that have failed at .382, double topping on declining volume - 64 dollar question is will it repeat for 3rd time?
If BTCUSD is around double top area on the 14th 15th or 16th April then I would be adding short. (time cycles). Conversely I'd be looking at a swing bottom around the 16th if we push lower
Until then will look for short...
Crude (Brent or WTI) broke out their respective consolidation range over the last few days and are completing an xABCD pattern. If you would to pull out the weekly chart for CB11, you should be able to trace out an ABCD completion. Downside projection suggest a low teen downside target to $60 for CB1! and $57 for CL1!. Most traders are looking at inventory...
The BTC price is going upward last few days. It almost reached a structure high at 11765, which act as a resistance level. The buyers is going to liquidate positions to lock their profits and the sellers are going to enter at that structure high. Those scenarios will most likely drop the price down. Structure analysis, & gartley pattern both provides a good...
![BTCUSD: [Red Apple] "Repeated pattern "_ BTC/USD _ 18.07.28](https://s3.tradingview.com/m/MD1dNSQO_mid.png "[Red Apple] \"Repeated pattern \"_ BTC/USD _ 18.07.28")
