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...
long time no see. Here i am with a new simple analysis: as you can see there's a Gartley pattern on the hourly timeframe of this chart (CADCHF), and i've already entered the market long. Be careful because this is a counter trend trade and it's riskier than other ones. Always put your stop loss when you're against the trend.
If you have questions/ideas,...
Gartley and Cypher harmonic pattern on GBP/JPY -
Last Friday I already submit this possible setup
- RSI divergence at 30 min, Over Sold and a falling wedge at 30 min chart is the reason for me to enter on this trade.
There is a decent looking Bearish Gartley Pattern forming. If we get to the entry price of I will be looking to take two targets. Because of the structure of the Gartley pattern it represents a decent risk reward on the FX:AUDUSD
Very nice intraday opportunity setting up to sell in short term bearish trend . Pair has broke below the previous structure support and is now forming a potential bearish Gartley . Rule For entry- RSI must be overbought and/or diverging AND of course RULE NO.1 ATR based stops above the XA leg in case this goes wrong.
Trade your plan and have a nice day!!!! :)
Type 2 Bearish Gartley formed on daily time frame.
Also on 4hour chart double top formed at point D which confirmed my entry short at completion of pattern.
I set Profit targets at 38.2% fib and 88.6% of C/D due to pattern forming on higher timeframe.
There are some good profits to be made here so keep an eye on this one!
Any Feedback from more experienced...