EUR/NZD - Potential Bearish Gartley Pattern on Daily ChartEUR/NZD Daily Chart
I see a potential Gartley pattern for me to short soon.
Waiting for price to hit about 1.56475, ideally at the PRZ (Potential Reversal Zone).
ECB President Mario Draghi speaks tomorrow. He may talk about the risks of deflation despite the generous quantitative easing and the negative rates. Market volatility is expected. He may provide more details about how quantitative easing will evolve, something he did not do in the post-rate decision presser.
Bearish Gartley
AUDCAD advanced pattern shorting opportunites on 4H chartWe have a bearish cypher and a gartley pattern forming here. Sell cypher @1.01145 and sell gartley at 1.0081.
The cypher pattern has very strong resistance above X for stops (see higher time frame) which make it a great opportunity to sell. Furthermore, this gartley pattern has a great Risk/Reward ratio as D completes way up near X so stops will not be too far allowing us to enter with low risk.
USOIL Daily Chart.Reversal Patterns.So , price can test the daily resistance , if it bounce we can short that if it doesn't could buy that till the next zone Weekly Resistance , where bearish butterfly pattern and gartley pattern confirm.. That would be the most exciting scenario , but we reach there , happy pips!
Short NZDUSD : Bearish Gartley, Dual ABCD's @ Resistance zoneSeriously , I dont need anymore reason to short this NZDUSD. Both ABCD's ends up around the resistance zone and Deep bearish gartley, so why wait ? I initiated My short positions in NZDUSD, the risk was small compared to the reward. Just one thing, Two or many patterns indicating same direction of trade is just for confidence only, it wont assure 100% success of the trade. Always check your plan before trading,
Happy Trading !