AUDUSD > Possible Bearish Gartley!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #AUDUSD
Hello friends.
in this market, both currencies are strong or at least have similar strength, as you can see the market has been moving sideways, when the market move in such a way, it is best to use advanced harmonics.
Here we have a bearish Gartley, the problem is it on the lower time frame and has only small possible pips for me, but it might interest you.
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Bearish Gartley
Gartley Pattern Cheat SheetHello, guys!
Here is a cheat sheet for the very reliable pattern - Gartley. If you are able to find it on a chart the successful trade can be executed. The most important thing for gartley is the proportions which should be approximately like on the chart. There are four most popular Gartley's types:
-Crab
-Butterfly
-Bat
-Classical
Please, write in comments how are your trades with this pattern, it's very interesting to know!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Possible if respected Bullish Butterfly pattern.AUDUSD has had a successful bull rally and a new higher high is ocular on the Weekly timeframe. Meanwhile on the daily timeframe, AB is the the .786 retracement of move XA while BC is rallying towards the .886 possible retracement of move AB which also comes about as the supply zone.The resistance level evident with the multiple testing of the zone by the price before actual reversal as formation of a double top is underway with the neckline at level 0.75951 up to the newly found support previously broken resistance as the higher low on the weekly timeframe, 0.6900 price.Before it continue moving towards forming a new higher high We wait for price action and take long term sell positions.
Bearish Gartley.... IT DO GO DOWNEveryone knows we're in a pennant and we just bounce off the top line... But it do go down.. SHORT TERM BEAIRSH BROOOOOO
We've got a bearish gartley on higher time-frames, with a bearish convergence
I think a break to the downside to the most likely scenario. Given it's a weekend...
Looking for 1555 as lower support
EURUSD-Weekly Market Analysis-Feb21,Wk1A Gartley Pattern has form on the 1-hourly chart as a counter-trend trading opportunity. I'm looking for a shorting opportunity on the checkback(retest) of the entry price for a better Reward: Risk setup. The aggressive trader can consider to short when the market break and close below the trendline.
POTENTIAL SHORT BEARISH GARTLEY+AB=CD (APF) H1 TFPOTENTIAL SHORT BEARISH GARTLEY+AB=CD (APF) H1 TF
FROM HTF THE MARKET IS BEARISH BUT TEMPORARY RANGING IN LTF
THE COMPLETION OF THE GARTLEY PATTERN AND AB=CD PATTERN IS STRONG BIAS,BUT
ALWAYS W4C BEFORE ENTER THE MARKET...
TRADE AT YOUR OWN RISK....
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
EURUSD-Weekly Market Analysis-Jan21,Wk4EURUSD is back to a structure resistance, within the zone of consolidation hides 2 harmonic patterns, namely an AB=CD Pattern and Bearish Gartley Pattern.
A retest to 1.2187 would be ideal for a shorting opportunity, however, if it ends with a bullish engulfing candle wouldn't be ideal and an indecision candle is essential for any thoughts for a shorting opportunity.
Bearish Gartley Pattern - The Warning SignHello, dear subscribers!
Let's consider the most common bearish sign which can be founded on the market - the bearish Gartley formation.
This pattern takes place when there was a huge dump like from point X to point A. After that we have the small bounce from A to B, but the decline continue from B to C. There is a massive growth almost to the the X point level (see point D) at the end of this price action.
It seems that the downtrend is over and bulls dominate again. We can see two signs of the new uptrend beginning: the higher lows (point C is higher than A) and highs (point D is higher than B).
Here is a big danger now. Until the price is not reached the X point level, the bearish Gartley pattern formation can play. If the Gartley pattern have approximately the same characteristics as numbers on the chart there is the high probability of price dump to the price level between points A and C.
Be very careful when you analyze the trend reverse opportunity, this bearish sign can take place.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Bearish Gartley BTCOne of the most powerful formation. Bitcoin investors have reacted to this pattern before. The previous Bullish Gartley formation was awarded with 22 % growth. This time the Bearish Gartley formation suggests a correction of 20-30 % retracement to test previous support levels around the 30k area.
This is either a critical stop-loss zone for many investors, or a huge buy-in for long term investors looking to get an entry.
I am long in bitcoin and cryptocurrency, and i believe that this is a temporary correction.