Today, I'm excited to share a detailed approach for trading GBPUSD. If you're considering a short position, here's a comprehensive strategy: 1. 1-Hourly Chart: Shark Patterns at 1.2676 - Wait for Shark Patterns to complete at 1.2676 on the 1-hourly chart. - Look for a trading combo within the chart when the market retests the Trendline Break (red line). -...
MOBILE appears to be Bullishly Diverging on both the MACD and RSI at the range lows aligning with the PCZ of a Bullish Gartley if it plays out I see it very likely that we push back up towards the highs and perhaps even the Fibonacci Extensions.
Leading to the most recent earnings report, Intel had reached a 61.8% retrace from High to Low and was showing signs of reversing, so I decided to take profit on Intel. Now, upon spotting a potential trend continuation Bullish Gartley I now think it's possible for INTC to recover from here and perhaps go all the way for the 0.886 at $64.90, so I will be buying...
This coin is a speculative play of mine derived from the interesting Harmonic price action this coin has given us. Usually I would ignore a no name coin like this, but I can actually see potential in it making a 100% retrace to the upside, so I have at least taken a shot at it and so, I will archive the trade here. If the breakout fails, it could come all the way...
LPT looks really good because we have a falling wedge (bullish pattern) on the weekly chart and the price is currently above it. Also, we have an accumulation phase by whales. This is a really strong combo, so I recommend buying this coin. Where to take profit? We have a huge volume node, which you can see on the market profile - this is the first resistance. If...
The pin bar was a reaction from the 78% Fib retracement and also an equal 1 to 1 AB=CD, but now let's see whether there will be a follow-up and price confirmation for long. This level is also a 61% retracement of the bigger swing up so a confluence point. For now, I don't see a definite entry signal unless I want to buy the level which I often do at the higher...
For those looking for a trading opportunity on GBPUSD, here's a potential setup: - Setup: Bearish Deep Gartley Pattern - Completion Level: 1.2726 The GBPUSD weekly chart has shown a bearish trend. The Bearish Deep Gartley Pattern completion at 1.2726 presents an opportunity for traders interested in shorting GBPUSD. Please share your thoughts on whether you are...
**Greetings Fellow Traders! Welcome to Today's Insight.** Today, we're diving into the world of cryptocurrency, focusing our attention on ETHUSD. A remarkable trading opportunity is unfolding, and we're here to explore it together. 📊 **Chart Analysis: ETHUSD Harmonic Gartley Pattern** On the daily chart of ETHUSD, an advanced harmonic pattern known as the...
We might play out this as a Gartley222. Not entering at the 78% retracement level, but we have a great pin bar on the 2Hour chart at a very Key level. Close below the previous major low and a 1 to 1 AB-CD move. Volume profile- the pin bar occurred on raising volume which for me indicates stops taken, but also it's what Wyckoff will call nonvalidation, huge...
There is a Potential Bullish Gartley at Support on NVDA leading to the earnings report. I'm not sure if it will hold but I have gotten some calls on it just in case and want to archive this harmonic setup.
Bearish Gartley completed. H1 TF Short $52.4 K TP1 $49.6 K TP 2 $47.8 K
1. Start the week off by printing a nice bearish gartley pattern. 2. Getting a drop to complete an ABC correction and fill the inefficiency/tap into the Golden pocket area. 3. Take the liquidity just below 50k then continue upwards to new yearly highs.
In our NZDJPY analysis, we are observing a potential shorting opportunity on the 1-hourly chart. Here are the details: 1. Setup: Bearish Shark Pattern Retest 2. Timeframe: 1-Hourly Chart 3. Key Level: - Entry Point: Bearish Shark Pattern Retest at 92.07 The Daily Chart reveals a Bearish Gartley Pattern at X with RSI Divergence, suggesting a potential bearish...
Let's discuss the trading plan for GBPUSD, and it revolves around the recognition of a Bearish Deep Gartley Pattern. This pattern, once confirmed, provides an optimal setup for a shorting opportunity. Here's the breakdown: 1. Trading Setup: Bearish Deep Gartley Pattern. 2. Price Reversal Zone (PRZ): Awaiting confirmation at 1.2725. Once the PRZ is...
XRP is currently taking back a Daily Support Zone after rebounding from the PCZ of a Bullish Gartley. Though the setup looks nice, it should be noted that the entry here is a bit late overall in relation to the PCZ so in trying to catch this late move it will be best to use a tighter stop in hopes that the upwards moves accelerates above the Support Zone but if...
Western Texas Intermediate, the US crude oil benchmark, is trading around $77.50 on Friday. WTI prices edge higher after the weaker-than-expected US Retail Sales data raise hope that the Federal Reserve will soon start cutting interest rates in coming months. WTI rebounds to $77.50 amid US dollar weakness, geopolitical risks R3 West Texas Intermediate (WTI)...
Hi dear friends, hope you are well and welcome to the new trade setup of UMA token with US Dollar pair. Recently we caught 12% pump of UMA as below: Now on a daily time frame, UMA is about to complete a bullish Gartley move for next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
The EURUSD is attempting a secondary breakout of a Falling Wedge Pattern at the HOP level of a Bullish Gartley. It is also holding on to the 4-Hour 21-SMA with Bullish Divergence on the MACD. Taking all this into account, the EUR has a heightened probability of confirming a Break-Hook-and-Go from this Falling Wedge to confirm the bottom and begin a 61.8% - 78.6%...