GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
GREATLAND GOLD PLC ORD 0.1P, EURASIA MINING PLC ORD 0.1P, OILEX LD ORD NPV, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), EUROPA METALS LTD ORD NPV (DI), LLOYDS BANKING GROUP PLC ORD 10P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Looking to get long on the Cable this week, using this Gartley pattern as my entry reason. We also have some fib confluence with the 50% & 618% retracements of the last couple of moves up from higher timeframe.
As described on a video using classical harmonic patterns and new MMD methodology there might be couple of profitable moves on EUR/USD
Bearish Gartley had completed on Friday evening @1.0668
Excellent Risk/reward of 1.35/1 for the first target.
The price penetrated X point so whether the pattern is valid for you depends on your specific rules.
As long as it hasn't closed above X - the pattern is valid for me.
I will wait to see how the market wil open and take the trade.
Cyphers on the 15/30 min charts. One smaller has just completed (in blue), second cypher is setting up now (in red).
There's also possibly a small Gartley setting up in blue on the 5 min chart. All long.