Using the Larry Pesavento way, I have highlighted the Head & Shoulders by using the XABCD tool. Entry: 50% Stops: 23.6% Objective: 200% Good luck to all trading EURJPY!!
As most of you are aware of, i have a bearish bias on this pair. This bias comes from a bearish Gartley pattern on the daily timeframe. This morning we can see how AUD/USD surged up, but we are currently seeing a nice trading opportunity looking to go short from these levels. Lets see how this one plays out. Good luck to all trading AUD/USD!!
Resistance at 7500$ a very psychological level for bitcoin short positions with fibonacci 127.2% extensions holding firm at 7484$. Price might find supply at the 50% and 61.8% fibonacci cluster around 7200$ plotted on the chart. Here is the previous chart I shared on BTCUSD: Good luck to all trading bitcoin!
Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bullish GARTLEY pattern @ 122.04 stop loss will be placed...
Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bullish GARTLEY pattern @ 1.4588 stop loss will be placed...
Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bullish GARTLEY pattern @ 72.76 stop loss will be placed...
Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 1.6695 stop loss will be placed...
Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 1.1600 in which i would have a...
Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 1286.30 in which i would have a...
Hi Guys, This is a bearish CYPHER pattern @ 1.2870 and stop loss will be placed above the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even,...
Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win...