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Bearish Gartley

Trade Ideas Educator: EURJPY SharkA type 2 bearish Gartley, bearish shark, AB=CD pattern on the 1-hourly chart within the daily chart 5-0pattern, with all these patterns converge at the same range used to excite me, but now is just another trade. Why is that so? Have I achieved Zen in trading? Well, no. It's because somehow when I see 3 patterns converge at the same point, it usually doesn't work, at least from my experience. Nevertheless, I will be waiting for candle confirmation before I engage the trade.
Short
by RaynLim
1
Trade Ideas Position: GBPUSD GartleyA trend trading setup presents itself, and it has six signs of a potential bearish move. 1. The market is back to the sell zone. 2. Bearish Gartley setup within the sell zone(supply zone) 3. AB=CD pattern setup within the sell zone 4. Arrow showing selling opportunity and market check-back to the arrow 5. Candle consolidate on the top of the band 6. Crab Pattern Target Profit Reversal Zone I've already engaged the trade and use the stretch technique on this trade.
Short
by RaynLim
EURUSD: bear signal29/02-2020 This time we are looking at a bear Gartley 886 completion with symmetry between London session closing prices on the 15 minute timeframe. This should trigger sell limit orders for swing trading. Im going to try and place my entry point around 1.104-1.105 with initial stops around 1.106 or X and look for an extension target. Our last trade on EU, all though we saw a decent decline hit target 1, I didn't find the trade very rewarding: Here the rejection with 89 WMA as support and the triangle have a fibonacci time confluence. This should have been interpreted as a bull 5-0 reversal, not a bear shark continuation, and it would have been a very good trade with a steady advance in this market: Anyway, its all about the next trade and learning from past mistakes right? Good luck to all trading EUR/USD for the coming week Happy trading folks
Short
by MikulovicFOREX
3
Potential Bearish Gartley - GBP/JPYHey Traders, As price is rallying, we have a deep bearish Gartley forming with entries at 143.98. Furthermore, we have fib confluence aligning with 127.2. Targets at 38.2 & 61.8, stops below x. To summarize my week ahead with regards to advanced patterns we have the following: 1. GBP/JPY - BEARISH GARTLEY - ENTRIES = 143.98 2. GBP/USD - BULLISH BAT - 4HR - ENTRIES = 1.2948 3. EUR/JPY - BEARISH BAT - 4HR - ENTRIES = 122.23 4. EUR/USD - BULLISH GARTLEY - 4HR - ENTRIES = 1.1094 (ALREADY IN TRADE) Well, traders, I hope everyone had a lovely weekend. I have a few structure trades on my radar as well, wish you all a prosperous week.
Short
by shah-n
Trade Ideas Educator: EURJPY GartleyUsually, this is a setup I won't be interested, but this round, I had even placed a pending order for this trade. So let's start with why not. 1) Point C touches A, not a good sign and very much look like a retest of support and it does have repetition. 2) It is a counter-trend setup based on this timeframe. 3) Do not provide a healthy reward:risk base on this timeframe Now, the reasons for me to engage this trade and the trade, and already placed my pending order. 1) EURJPY daily chart is on a bearish trend and it's merely a retest or the high, target1 has not officially reached yet. 2) There is an obvious break and close below the support based on the daily chart, after the Point D completion. 3) Is trend trading based on the daily timeframe 4) Trade based on special strategy, it provides a fantastic Reward:Risk. For more information, check the link on my signature at point (3)
Short
by RaynLim
2
Trade Ideas Educator: GBPJPY GartleyA bearish Gartley setup on the 1-hourly timeframe is very different from the rest of the pairs I've done this week on my analysis. Well you see, for all the analysis that you have seen most likely they are all trade plan and strategies, that's what most traders are looking for, where to enter and where to exit. You just need the 1st step, which is Analyse, Analyse if the market is bullish or bearish and if there is anything you have to take note of. Well GBPJPY is pretty bullish and shorting this pair, it might not be profitable, so why to share this trade idea, you may ask. If point D completed with just a touch on the long shadow, it will show a different story, a short-term weakness. I will watch this trade setup closely and decide if its a valid trade. You can wait for Wednesday Facebook live session or join our TIP community, link at my signature.
Short
by RaynLim
Trade Ideas Educator: EURJPY GartleyA beaish gartley has completed for a trend trading setup. All turn to short for this pair as this level is a retracement of 61.8% after a double top after completion of a bearish bat pattern on the daily chart and not to mention a final target profit on the 4-hourly chart of a bullish bat. If you have observed closely, there is this small hump that I call appear throughout the 3 timeframes that I trade, this create a resistance for the market to process higher. Once market open I might just engage for an aggressive short or wait for a retest, it all depends if the market gap up or down. Well, you can stop the guessing game by joining our community, TIP, link at my signature.
Short
by RaynLim
Bitcoin Bearish Gartley Idea (61.8% retrace/higher low)Good afternoon, just an update on the potential Bearish Gartley pattern if we run up to the 61.8% retrace before selling off. -Common We hit our .382 and my ideas for what we may be in the makes for are already posted. Now it's time I post the 50%, 61.8% and 78.6% retraces if we ever hit them. For the Bearish Gartley, (61.8% retrace only) we are looking for a sell off between the current price and the 88.6% retrace before that divergence plays out to the upside. Difference between the Gartley and the Bat. (Bat can't hit the 61.8% retrace and the pcz if is the .786 on the Gartley unlike the Bat with a pcz at the .886. Join our Free Telegram Channel: t.me -or- Join our Open Facebook Page. Make sure to like and follow! :D www.facebook.com We just went live as of now on. Our premium channel is charging only $15 a month right now in consideration to a Black Friday Sales that last until December 31st. Prices after that will differ slightly. But again, we are only charging $15 a month down from our original price of $99 a month. We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups along with education." Feeling generous and wanting to show us love and support? Donation Options in (Crypto) are down below <3 commerce.coinbase.com
COINBASE:BTCUSD
by ChArtWorks_TechnicalArts
DXY Bearish GartleyBearish Gartley Pattern. Maybe...:) Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
TVC:DXYLong
by CryptoTrend-Alerts
1
Trade Ideas Educator: GBPJPY GartleyA deep Gartley or I will say trading at X, having the best Reward: Risk for this setup and the beauty of it, an arrow from my Harmonic Pattern Assistance (HPA) software has the shorting arrow showed up. What's more important are the RSI Divergence as well as a great reward:risk for this trade setup. A pretty bold move to engage for a short trade since the GBP appreciation was quite strong, but a 1st target is all I need, furthermore shorting is still consider a trend trading setup.
Short
by RaynLim