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.