Here we see a Gartley pattern in the finishing stages; We should be expecting a reversal in the next to candle sticks. As all harmonic patterns , i have placed an entry at the place of reversal,I have placed my stop at the top of the pattern and i have placed my limit at the 1.618 extension of the BC leg. leaving us with a 2:1 risk reward ratio. Please leave and...
I see a Bat pattern in the AUD/JPY 30 min chart, around the 96.810 area. The market here seems to be in an uptrend, so it isn't bad to assume that the market could break out of consolidation and continue trend. But I believe since the market will be testing highs for the year, the market will complete the pattern and reverse down into the 1.618 extension of the...
Nice uptrend at the moment. Even doe price has had a slight pull back my views on this asset are still bullish . Just waiting on some more confirmation before i enter.
This Gartley pattern formed at the end of consolidation suggests a long movement from a monthly low. if there is a break out of consolidation , the market will likely rally up into the 1.618 extension of the BC leg, around 1.45530. i have placed my order long keeping the risk reward ratio at 2:1. I have placed my stop at the lowest low of the Gartley pattern, and...
I believe that the bat pattern you see here has completed signaling a market reversal. the market should rally to the 1.618 extension of the BC leg . I have placed my entry at 1.13500 and my stop at the lowest low of the bat pattern , i have placed my limit at the 1.618 extension of the BC leg and i expect this will complete as predicted or fall down into previous...
In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley...
I noticed this ascending triangle and thought it would be a great opportunity for an easy 25 pips or so. I believe the market will break out above the resistance line and ascend toward the previous structure high that falls around the 1.618 extension of the first leg of the triangle. i have place my buy in just above the resistance level, my limit at the 1.618...
.This bat pattern is just completing at about .79810 i see this reversing and i will be trading it short to the 1.618 extension of the BC leg. my stop will be placed at the previous structure high about the bat pattern. Thanks for viewing and don't forget to comment ,like and follow. Good trading
This penny stock tagged HEMP appears to be in consolidation at about $.02 a share. What i see myself doing here is buying at $0.02 and waiting for the rally to the 1.618 extension of the BC leg, which is at about $0.025 a share. I will trail my stops in case there is a reversal but I believe the rally may continue into previous structure high around $0.035 a...
There is a bat pattern forming on the EUR?USD 1 hr. It apears as though the market will reverse after completing so i placed my buy at the end of the pattern as you can tell. After crossing that line we should see a rally to the 1.618 extension of the BC leg, giving us a roughly 2:1 risk reward ratio. follow this trade, it will be an interesting gain. Don't be...
After completing the crab pattern posted yesterday, we noticed that the market rallied into new structure highs. In the new consolidation I see a butterfly pattern on the 30 min GBP/USD charts. I caught it a little late but i'm getting in halfway down the trend still leaving me a roughly 2:1 risk reward and some decent profit. I believe that the market will...
This Gartley pattern appeared Yesterday and has provided solid evidence for a reversal. The Gartley pattern has completed, So it is time to short the market, It might be safer to wait until the market crosses the previous structure low set by the Garley pattern and then get out of the market when it reaches the next structure low around 91.8700. Don't forget to...
The market is about to complete a crab pattern, upon completion in the potential reversal zone, the market should retrace back to the 1.618 fib of the BC leg. please like and comment and don,t forget to follow me. Good trading !
So here we see a crab pattern on Sony's monthly charts, for you long-term traders. As you can see, the pattern completes and thus the reversal is in action. After 8 months, we see a retracment to the .500 fib. all rules continued as the market resumes trend and rally's to the 1.618 extension of the cup. It appears that the market will begin to consolidate in the...
stop loss 8-10pips above X. Sell at D or above D TP1: 0.73010 TP2: 0.72667
Short entry setups for the EURUSD pair. After some healthy retracement another bearish continuation of the bigger trend is expected by my indicators. Longer term trades though. For all my trades follow me on twitter! @fredericvdc The account keeps growing with my new strategies. Short and long term trade setups!
It was hard to catch this pattern, the B point is not clear to the eye. Last bat pattern was a looser. Hope this one works out :)