Bearish Gartley
Wakey Wakey . . XRP Gart & FakeyHey crew, gonna drop this on ya. I probably shouldn't because "they" watch my sh!t close and I've had to figure out how to post price levels without actually posting my personal entry / exit points. I've literally had orders miss filling ROUTINELY by as little as .001 to .0001 which as you can imagine is enough to drive a person to drink lighter fluid laced egg nog even if it's NOT Christmas.
So here's the shakey shake . .
1. Remember, XRP always pumps before dumps.
2. Keep an eye on Bitty and especially the S&P 500, there's some pretty good parity there and insight into overall market directions. It's still pretty comical that crypto will trade in some degree of parity to broader markets BUT, that's "probably" intentional because if "regulators" can make the case that crypto trades to 70% or greater correlation to broader markets then they can further strengthen their claim that crypto should be classified and therefore REGULATED like securites. (FtheSECbtw, you guys are F%$@#rs)
3. Garts pretty much NEVER play nice with XRP so don't be alarmed if/when this one doesn't either. Maybe we'll get some 50/100 day ema fingerbang action in which case, I'd be TP scalping from those 0.37 buys if you got em.
I personally like XRP at lower levels, who doesn't? Even if you're a salty bull from > 1$ levels then you know it's just more opportunity to lower the cost basis, amirite? ;)
Hold the line and don't be afraid to hedge even at these levels. I still think we have a date with 10 cents.
Stay frosty and remember, * * * Not investment advice * * *
Box
BEARISH GARTLEY EURUSDWe have seen a pullback from the previous price drop. Right now we have a complex pullback which has hit fib 61.8 retracement level. I have noted a bearish gartley form on EURUSD. I am short expecting price to drop to 1.053 zone. Stops above 1.069 area. Use proper money management.
Adding to my btc prediction long termNot sure how to add charts to existing published ideas so making this separate for now, which is just another indicator to use for my point of view and perspective, is the 3day anti gartley formed for anyone into harmonics trading, although I personally do not use them much, but do believe on a more macro chart such as this 3day that they do have some significance, esp when used in confluence for everything already mentioned in my main BTC prediction using fib circles, and fib channels. This ant gartley shows a take profit amount of $9.5k which would perfectly align with my main chart and would be almost pinpoint precise to my exact main target prediction which would take out that CME futures gap that I so strongly see us retracing to as the final bottom of this bear market. Therefore, lets rock n roll and see how this thing plays out over time, accumulating the final bottom sometime very close to our fall equinox. Godspeed and goodluck making that money
You have not missed out on EURUSDIf you thought that by following the rules of the Harmonic Patterns caused you to miss out on profits of the 4-hourly chart Gartley Pattern, here is a second chance.
The Bearish Bat Pattern on the 1-hourly chart completes at the same region as the Bearish Gartley Pattern. This is amazing because should the Bat Pattern complete it offers a trade with a lower-risk trading setup.
Bearish Gartley -> Microsoft ShortI posted this Idea first last Friday
Tuesday we got a reverse candle on daily basis and Wednesday was the perfect chance to go short (@ 270. TP is 220.)
Furthermore there are problems with the new Bing-Bot plus the global tech layoffs (quadrupled since mid.January).
BTCUSDT - Cheeky Bearish Gartley Bearish Gartley formation inline with On Balance Volume. Quick analysis levels not an exact match but an idea for overall trend idea.
With On Balance Volume - drawing a rising wedge. Not sure if this is valid on OBV chart indicator. A rising wedge is represented by a trend line caught between two upwardly slanted lines of support and resistance. In this case the line of support is steeper than the resistance line. This pattern generally signals that an asset’s price will eventually decline more permanently – which is demonstrated when it breaks through the support level.
www.ig.com
I shorted this baby without telling my VIPs!These are Class C- trades. I design a Class system to differentiate trading setups and their value.
Indeed, I do not trade Class C most of the time, but I do trade them occasionally.
Class C generally don't produce a profit factor of 2 for my final target, so why do I still do it?
Boredom? Maybe
Like to earn some money? Maybe
Seek Trill? NO WAY
Trill seeking I'll do over my PlayStation, VR headset(wishlist) or Casino.
I treat trading as a profession, not gambling!
USDJPY-Weekly Market Analysis-Feb23,Wk1My analysis for this year Mid 2023 still remains Bullish for US Dollar. So it's pretty normal for me to look for buying opportunity on USDJPY. If you are looking for shorting opportunity, the Bearish Gartley Pattern will expire by 31Jan2023, 6pm (GMT +8). This is not guess work but advance trading techniques that serious traders should know.
The first harmonic patterns that form up and gives me a confirmation signal, I will engage the trade. Obviously I'm incline to long the Bullish Bat Pattern.
WWE: Bearish Deep Gartley with Bearish Divergence on the WeeklyThere is some Bearish Divergence at an 886 Retrace Potential Deep Gartleyy PCZ with Bearish Divergence and so i will be selling some Longer Dated $80 strike Calls with lots of Extrinsic Value and use the credit that is obtained to Buying alot more Somewhat Shorter Dated Puts at the $80 stike with significantly less Extrinsic Value.