Bearish Gartley
Ethrerium is about to sink lowerBITFINEX:ETHUSD
Looks like a good opportunity to enter short on Etherium, possibly a harmonic bearish gartley patter has formed. If the latter is the case we can expect a nice move towards 559 and consequently to 401 area. On the way down some sort of consolidation can be expected at the price level of point C ( 659 price level). I am entering short with stops above X point and T\P as shown on the chart.
GBPUSD |H1| BEARISH GARTLEY//Recommended Risk Ratio : %2 Max
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DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
AUDUSD - 1350 Pips+ Still Counting- Can we nail it@0.7695 Check the video for an exciting journey of 1350 pips from highs@0.8125 to 0.7532 lows & from 0.7532 to 0.7695 with all twist & turns - can we nail it with bearish Gartley in current structure below 0.7695. Let me know your comments. Do support.
Bearish Gartley w/ RR 1:1.67 at EURGBPThere is a potential bearish Gartley pattern at EURGBP with an overall RR of 1:1.67 (if both targets are hit). The entry has had minor as well as major (daily) support and resistance in the past with multiple touches. Also there is Fibonacci confluence on the daily. SL above X (e. g. ATR based).
Entry: 0.88326
SL: 0.88446
T1: 0.88173
T2: 0.88078
Good luck!
Bearish Gartley 4HAfter price actions recent spike to the upside price has been in consolidation (trading sideways) and in doing so is forming a bearish Gartley pattern (D Leg completion at 1.28832) if price can reach that entry point (at the moment looks like its ran out of steam!) will be taking 2 positions
Stops 1.29443
Entry 1.28832
Target 1 : 1.28000
Target 2 : 1.27500
Possible Bearish Gartley on ARKWith Bitcoin making all time highs recently, a lot of the altcoins have been taking a hit. On the daily chart, Ark has bounced from the 200 EMA, and that was the event which formed our point BC. Overall for Ark the future is bright, but once our targets get hit, i'm expecting a short opportunity, unfortunately there are not many exchanges that support margin trading for the majority of altcoins.
Potential bearish GBPUSD gartley patternAs shown in the chart, a potential bearish gartley pattern is forming. The D point is also inside of the resistance structure.
E: 1.3290
SL: 1.3345
TP1: 1.3202
The SL is a little high by using exact Gartley pattern rule. The risk/reward ratio is only 1.56. So if you know how to read candle to find better way to enter around the D point, such as inside bar trading, you may get smaller SL and better ratio.
Potential Bearish Gartley Pattern on GBPJPYYou have a potential bearish Gartley setting up on the GBPJPY. This will complete at 149.630. Minimum stops need to be above X, with target 1 at a 38.2 retracement and target 2 at a 61.8 retracement.
As always, make sure to follow your plan.
Good luck and good trading
AUDNZD - Bearish Gartley I rarely trade AUDNZD. Looking at the 4H AUDNZD, I'm watching the pot development of a bearish Gartley, though.
This is not a trading recommendation, but is meant for personal practice and posterity. Please ensure your own due diligence.
I intend to watch for D Leg completion to enter a short position with profit targets on fib levels.
Happy trading.