Perfect bearish Gartley @7000There is a perfect bearish Gartley around 7000 points.
Regarding targets, Bulkowski says :
- 97% chance to rally B (already done)
- 64% chance to rally C
- 52% chance to rally A and below
Bearish Gartley
4) NZDUSD bearish gartley on 1hr chartI will be updating new ideas on NZDUSD. Follow me and check the related ideas below to learn more details.
Bitcoin tradeMany people say that it is incorrect to build harmonic patterns before they are completed, but we all predict the price and we need to use all the features that we have
Use money management, stop loss etc
QQQ Gartley Sell SignalQQQ completed a Gartley Sell signal today, and closed with a bearish gravestone doji looking candle at the .786 resistance area. Not much else to say, but this looks pretty bearish.
Trading levels for 5/14/2018 + AB=CD + GartleyOk guys, here you have the levels for trading on monday, but i have also added a couple of levels that i think are gonna be key this coming week, one of them is the end of a AB=CD pattern at around 6695 to 7000, and the next one is a nice Gartley pattern formation at around 7020, i will add those charts in the comments section make sure you check them out, and what that means for us is that we will be taking some longs if we get some type of a pullback, and/or we will be shorting the market at R2 or possibly R3. As always PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Ripple: Trade down, then turn aroundIn todays Video I talk about 2 patterns. The 1st is a Butterfly which seems to be setting up (point B is a 78.6) and if that is the case price should move lower to form C which for me makes sense as I see missed Central Pivots (monthly & weekly) below.
That being the case I zoom into a smaller bearish Gartley which is setting up. I will look to short at D with my stop above X and then hold the position down to C (May central pivot & / or weekly from 3 weeks ago) of the bigger pattern (Butterfly) at which point I will take profit and look for an entry to trade the C D leg.
Lets see how things work out :)
BEARISH GARTLEY USD/JPYOn USD/JPY 4hr chart we see a bearish Gartley has formed. This is a good time to look for bearish evidence and short. Use proper money management.
USDCAD Sell SetupBased on:
1. Test D1 H&Sh pattern neckline
2. Resistance Trend line 4th rejection
3. Bearish Gartley D leg
Now bears are back!Multiple bearish signals have become apparent.
Please note that bearish gartley is not based on strict Harmonic Pattern rules, but is confirmed by later bearish price patterns.
BTC/USD potential Bearish Gartley $btc #cryptocurrencyPotential Bearish Gartley scenario that we are currently in for BTC/USD on Bitfinex. We still have a local target set around $9530~ USD level for this current uptrend.
The level would see heavy resistance as BTC tries to make a double-top at the previous 9700-9800~ range.
If Bearish Gartley pattern does play out, local high of BTC would become Short Entry (D of Gartley), with a stop loss at the previous high on the X of the Gartley (Previous High).
Target Profit zones would be initially in the .786-.618 retracement (short percentage). Most of the position would be held if BTC makes a move towards the inverse 1.272 extension (of our A to D Fib Retracement on the Gartley)
Gartley Pattern also @ play on BTCNot only is there the Rising Wedge, which is still at play, on BTC but I have also noticed a Bearish Gartley Pattern. I thought the market would be bullish due to what seemed like a 'Stop-Hunt' yesterday (the massive wic) but there has been circulation that supposedly it was BitFinex's system in play to equalize volatile spikes.
With so many bearish & overbought indicators at play, I am accumulating a short position to ride another wave of the retracement down.
BTC: Beware the Bearish GartleyCould be a good idea to lock in some profits just in case BTC has a deep correction. The .774 across the top is very close to an exact .786 for a Bearish Gartley setup. Adam & Eve should still be in play even this correction.
VWAP of BTC in relation to Bearish Gartley potential. $btc So comparing these 2 charts, this is the daily candle of the vwap of BTC on major exchanges. Just getting into the resistance on the 24hr candle, which generally shows us this is local highs and we go slightly sideways short term.
The highest volume node listed on the chart as well is from the 20k to 6k move, highest volume node lines up with Potential Bearish Gartley 1.272 inverse Fib Retracement target.
Set targets, Set stop losses, Plan your trade, Trade your plan!
Gbpusd 15Min, "AB=CD & Gartley bearish.We got a nice AB=CD pattern. Down into 1.38967. And we will wait for a conform.
Or we will og up, and test the gartley bearish.
RSI: Normal.
12) EURNZD bearish gartley on daily chartFollow me and check the related ideas below to learn more details.
Good luck.
Gartley CAD/JPY (30-minute chart)Potential sell opportunity for CAD/JPY around 84.044
Comment below if you have any thoughts on this!
Perfect bearish Gartley on French CAC40The chart is the CAC40 with dividends + the futures market prices (8am-22pm sessions). It's like the DAX futures.
We have a perfect bearish Gartley, with a sell signal today at the 78% Fibonacci level.
On the CAC40 index, the lower target (TP3) would be 4840 points.
GBPJPY. GARTLEY. 1H. SELLAfter an all-green day yesterday, let us take a look at Forex market.
This time we will trade the PRZ (Price Reversal Zone) of Gartley Pattern in FX:GBPJPY at 0.786 retracements of XA leg with SL just above X.
Take profits set on 0.382 & 0.618 AD retracement respectively.
Best of luck.
EURCHF short trading planEURCHF is stading on a major W1 resistance TL and we may look for short oppotunitites if price gets rejected from this resistance level.
Currently price is about to form Bearish Gartley pattern and D leg of gartley pattern also laying on a minor resistance zone.
Once price reaches this major resistance level look for clean sell price action candlestick pattern confirmations in order to take an action on this pair
