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Bearish Gartley

Couple of patterns on USDCADHey traders, i'm already involved in a USDCAD trade, but for educational purpose i want to share with you this setup in lower timeframe. As you can see in 4hr chart, we broke and closed below X, that invalidates our previous pattern (even though we're still in that trade) giving us reason to believe price is heading lower. Considering that, i search for selling signals down on 1hr and 15m timeframe. In 1hr chart we can see we have a nice bearish Gartley that completes at previous support that was broken. With such a small B, we'd get a inverse risk to reward ratio; that's way i would enter this trade some pips above the completion just to have a 1:1RR. In the meantime you can trade also the smaller Cypher and you could set second target up to D Gartley's completition. I'm not entering any of those cause i'm already involved, but i hope you find it useful. If you have any question, please ask. Otherwise, see you in the next chart!
Short
by Roker1
USDJPY : Beautiful Bearish Gartley (Short)Hey Guys, Check on Daily timeframe in Usdjpy, what we have got ? Bearish gartley one of the harmonic patterns which has good success ratio,so will it work in this pair ? We may need to wait for sometime to find the answer. We have another prev. resistance around 110's zone and Usdjpy hit the same area n completed the pattern, so according to this trade setup we can enter short positions. Take this trade only,(i) if you are pattern trader ( or look for other valid trade setup to short ) (ii) If you have enough patience to hold the trade over weeks Leave your comments / opinions... Happy Trading !
Short
by InsiderB
6
Two advanced patterns with the trendHi guys, today we have two advanced patterns on the 1hr chart on EURCHF. The analysis starts from higher timeframes. As you can see in the 4hr and daily chart, we recently broke and closed below a daily resistance level. Now that we're retesting that zone we expect a bearish trend continuation; in order to catch that move we search for shorting oportunities in lower timeframes as 1hr chart. Here we found two bearish harmonic patterns that fits in our rules. Keep an eye on that! Stops would go above x, target with 0,382 and 0,618 retracement of AD (for Gartley) or CD (for Cypher) I'll let you know if i get involved. If you want to ask questions, don't hesitate! Good trading!
Short
by Roker1
2
Gatrley Bearish Pattern (Ideal)I have made a one of more harmonic bearish pattern at USDJPY D1. It's Gartley Bearish Pattern. D point at 105.80. SL at 106.40 (BCD Fibo at 106.00) TP1 at 38,2% AD (103.58) TP2 at 61,8% AD (102.03) I have made it as accurate as possible frome the original criterias. The ideal Gatley Bearis Pattern are : 1. X point on top b. A point on bottom c. B is 61,8% XA d. C is 38,2% - 88,6% AB e. D is 78,6% XA or 127% ext AB f. TP1 38,2% AD TP2 61,8% AD SL (my initiatif) several point after D on BCD pattern ( I make 106.40 becouse 1,441 of BCD are 106.08). We know USD very violate. . .
Short
by AkuraSinji
3