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Bearish Gartley

FKLI TRADING : 184) 2 "colorful" advanced patternsthis is trade 184 frm haidojo trading... "these two are my possible next "fish"... 1) bearish gartley pattern 2) bearish bat pattern both of them are consist of a "short range" hanging frm 1557-1570...SL could be a few points abv it...1st tp at 1541, 2nd tp at 1520..." QUOTE FRM MY EARLIER ANALYSIS... i haven't updated much since trade 179...the reason is simple...it has nothing much to update about...the market is hanging in sideway... probably becox of the political unrest and ppl's sentiment of possibility of 2nd MCO...haiz... thing doesn't look gud for both the patterns...most possibly, the market is going to drop nose-dive first... too soon to say...let's see what happens next... higher-resistance : 1557-1570 ( bearish bat and gartley patterns) resistance : 1540 immediate resistance : 1515 lower support : 1477-1484 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
MYX:FKLI1!Short
by HAIDOJO_trading
FKLI TRADING : 179) 2 "colorful" advanced patternsthis is trade 179 frm haidojo trading... these two are my possible next "fish"... 1) bearish gartley pattern 2) bearish bat pattern both of them are consist of a "short range" hanging frm 1557-1570...SL could be a few points abv it...1st tp at 1541, 2nd tp at 1520... ...of course, this is too early to say...we have 2 more barriers to cross before reaching that levels... 1517- resistance and 1540 - resistance...for those who don't trade advance pattern at all, you have no reason to trade these... the daily chart is still in uptrend and lower timeframe is in sideway... higher-resistance : 1557-1570 (bearish bat and gartley patterns) resistance : 1540 immediate resistance : 1517 lower support : 1477-1484 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
MYX:FKLI1!Short
by HAIDOJO_trading
AUDUSD - Bearish Gartley PatternA Bearish Gartley Pattern setup for a shorting opportunity, a bearish engulfing candle or both oscillators have to be in the overbought position and hook down before I'll engage the trade. In normal cases, I won't be even looking at this setup, but as some of you may know I'm very sceptical on Australia Dollar and see that a strong bearish move is lurking in the shadow waiting to happen. With all crashes, I expect an extreme bullish move to happen before it does and the bullish movement might have ended. If not this setup it will be after the next bull run.
Short
by RaynLim
Cypher under great Gartley pattern formationBTCUSD weekly chart analysis, After long time breakout form major trend line, it has formed very strong Cypher pattern, that's why we are getting good resistance level at 1.27 fib extension of BC... now it can retest at its previous tendline, if violated cypher due to very bullish sentiments or after retest of trend line it is going to form Gartley pattern at near about 16000 USD level. Anything can happen anywhere, best of luck and safe healthiest trading :)
BITFINEX:BTCUSD
by Dverma900
FKLI TRADING : 131) TWO POSSIBLE ADVANCED PATTERNSthis is trade 131 frm haidojo trading... the bearish bat pattern is no longer valid...2 new patterns possible formed... 1) a possible bearish gartley pattern with D leg formation range frm 1596-1605... 2) a bearish bat pattern with possible D leg formation at 1614-1625... higher resistance : 1596- 1605 red box and bearish gartley pattern current resistance : 1585 current support : 1547-1560 lower support : 1512-1520 green box and bullish cypher pattern WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FKLI1!Short
by HAIDOJO_trading
FCPO TRADING : 127) a counter-trend bearish gartleythis is 127 frm haidojo trading...FCPO-OCT is showing a sign of sideway market...with the latest consolidation, it normally breeds advanced patterns...now, it is possible to form a bearish gartley pattern...short position ranging frm 2787-2810...SL a few points abv that...1st TP 2720, 2nd tp 2670... resistance : 2790-2810 current support : 2720-2725 support : 2670 -2630 lower support : 2560 (now the critical indicator for bull/bear) WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FCPO1!Short
by HAIDOJO_trading
Bearish Gartley with Potential Bearish DivergenceI have identified a harmonic pattern known as a bearish gartley on the weekly chart for XRPUSD. While I think there could also be hidden bearish divergence on the oscillators, I am told that the divergence is not confirmed until it starts waning, which it has not. Regardless, the pattern is only invalidated if the price of Ripple exceeds point X, which is essentially 35 cents, which is a tremendously difficult area of resistance for XRP. For that reason I think this trade setup is lower risk, but I suppose if BTC continues to rise, XRP might follow and invalidate the pattern.
POLONIEX:XRPUSDShort
by HeathHimself
2
Sterling Pound is weakness agains the US DollarThe influenced by Sterling Pound it's moving for US Dollar, this par is so negotiate, so we ha a bearish Gartley that we could see a possible correction of the price in some days. Now, looking in Daily timeframe we see a formation of bearish rising wedge, I can't updated my technical analysis yesterday at night because I am sleeping so early, but now, we have this situation and the probability to see a Sterling Pound is so look bearish. And in H1 timeframe, we see the same sitaution that Sterling is so weakness!!! ***And also, using MACD and RSI show a bearish divergence in both timeframe in H1 and H4 timeframe.
Short
by harisonhbn9718