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.
Bearish Gartley
Trade Ideas Position: USDJPY GartleyA bearish Gartley set up just a bit shy of being triggered, let's just hope that this trade has not left without me.
I will need confirmation before engaging in this trade as Point C touches A, but when I do, I will stretch the target a bit because over trend of USDJPY is still bearish.
MITHBTC 4HMithril; gartley pattern's d leg, big H&S and breakout.. the possibility of seems like bullish trend, break a leg!
Bearish Gartley on the H1 GBPUSDWe have a bearish Gartley on the H1, the PRZ is set between the 78.6% Retracement of XA and the 88.6% XA. 1.618 extension of BC is marked because the market has room to grow, and the stop loss is set at a little above 100% of XA, in case the market is overbought and touches that 100% retracement level. Entry Can be anywhere within the PRZ.
Trade Ideas Educator: CADJPY SharkAn uptrend trendline appears before the completion of the bullish shark. Yes it can be a potential trade for your to long CADJPY and the bullish shark pattern may not even form, but personally, in this setup, I still preferred the shark pattern and the reason is that we have 2 very strong bearish candles when the market approach towards the trendline.
I have quite a sophisticated trade plan for this setup. What is yours? Comment down below.
Trade Ideas Position: AUDCAD GartleyIf you didn't believe that the last day of October and before the US Non-Farm Payroll(NFP) there will be movement, well, you aren't alone.
I felt the same way too but what I did was to stick to my routine and tada, 4 trade engaged before the midday of the trading hours.
An invisible mascot acronym that I use A.P.E, Analyse the Trend, Plan your trade, Execute your orders.
BLK Potential Bearish GartleyBLK Potential Bearish Gartley in play here. Risk/Reward Ratio set up. X-B didn't quite hit the .618 but it is fairly close which is why I am show casing this as a potential pattern. You may be bearishly diverging on the daily as well!
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Trade Ideas Position: EURUSD GartleyIs my favourite kind of Gartley pattern. Sell at X is what I usually says for this kind of setup. It gives me the best reward:risk it does help to boost the portfolio but the downside is that is near X so X can be violated and change of trade it just a snap.
You have to decide if this is for you, but it's definitely for me. Trade Engaged.
SPX500 formed 2 big bearish harmonic patternsSPX500 formed 2 big bearish harmonic patterns
On the left is bearish gartley pattern, and on the right is bearish bat pattern
Bearish bat pattern completed on 22/10, and right after it appeared a bearish engulfing candle
Currently the price has pull back to the neckline area, therefore we can short now
SL : 3030
TP : Follow arrow
Trade Ideas Educator: AUDCAD SharkA bullish shark pattern setup that also retests the previous support on this timeframe, I will watch closely how the market reacts on the 1st target and that reveal more on the market movement and giving a thoughts if I should extend my targets to the bearish Gartley pattern setup on the 4-hourly timeframe.