Bearish Gartley
GBPJPY Short opportunityThis time i'm looking to enter short in this pair, as it brokedown previous structure support.
Found a potential opportunity with a down trendline retest and also a Gartley formation completing around the same level.
(White lines are a AB=CD measure movement that completes around the same area too)
Let's wait and see what the market gives us.
Keep it simple, and focus on the process.
Jean
GBPUSD - Bearish Gartley+++ Don't forget to LIKE & Follow+++Market hit the entry level of this Deep Bearish Gartley.
We are more than 30 minutes after the USD news so it is safe to execute a trade.
Stops above X and conventional targets - we got more than 1:2 Risk/Reward Factor on 1st target.
Entry @ 1.3243
Stop @ 1.3264
Initial Target 1 @ 1.3195
Initial Target 2 @ 1.3165
Good Luck!
-Alex
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USDCAD : Bearish Bat & Bearish GartleyFrom the post itself we came to know that we got two patterns overlapping each other, so decide which pattern you wanna trade. Check your ratios before entering & two patterns doesn't guarantee a downward move.
Check your risk-reward and short USDCAD
Keep supporting...thanks for your support !
Happy Trading !
NZD/USD 60 min Bearish Gartley and Bearish ABCD patternI'm looking to get short around .7143 with my stop at .7160. I have two targets, first at the .7100 even handle and the second at the swing low at .7075. There is a ABCD completion around .7146 and a bearish Gartley completion at .7135. I really would like to see some bearish candles around the .7140's before getting short. Good luck trading out there.
EURGBP: Potential Bearish Advanced Gartley Formation After going overbought on the daily chart about a week ago the EURGBP has done nothing but consolidate & given us sideways movement. These ebbs and flows of price action have now set up the opportunity to take advantage of a bearish Advanced Gartley Formation completing at 0.8612
This pattern formation was also discussed in this week's FMP starting at the 12 minute mark www.youtube.com
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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AUDUSD Bearish GartleyA bearish gartley is about to set up on AUDUSD.
It's a deep one as well, so it provides a good risk/reward.
D-completion is close to a structure level as well providing a nice little protection there.
I use a 1.131 fib inversion from X to A for stops, and it's conveniently above structure.