NZDCAD H1 GARTLEY PATTERNHi traders, NZDCAD is setting up for a downside move i am expecting from price to come around our mentioned area and looking price action on our mentioned area for a downside move. The area that i mentioned in chart is a very intresting level because it is a 78 fib retracement level and also a gartley pattern completion level and the upper trendline third touch. I am waiting for price to come around our mentioned area and looking for a short position opportunity remember price can also drop from the current area in this case our setup will be invalidate GOOD LUCK.
Bearish Gartley
Silver is close to TL system resistance and 61.8% Title: Silver is close to TL system resistance and 61.8%
Silver
Overview (DXY):
The US Dollar (DXY) traded to the highest level in 237 months in July before taking a corrective move to the downside. This coincided with a base being put in on Silver at 18.15.
There are three downside barriers in Silver. The TL system highlights 105.00 and 104.70 as support, while the completion of an AB leg, in a large cypher BAT formation, is located at 104.91
Silver Daily Chart
We can clearly see 5-waves to the downside. Elliott Wave enthusiast will see this as the completion of a bearish count. This would suggest that the next wave higher is the complex correction consisting of five and three wave counts
TL system highlights resistance at 20.83
Silver eight-hour chart
We can see a 5-wave count to the upside. The TL system highlights resistance at 20.83. A 61.8% Fibonacci resistance level is located at 20.83 (from 22.51-18.11).
Conclusion:
I am looking for limited upside, selling at 20.83, for a move lower in the BC leg towards 18.50
EURJPY - Bearish GartleyA Bearish Gartley Pattern completing at 137.00 within the sell zone on the EURJPY 1hourly chart. In this intra-day timeframe, it may offer more profit opportunities than you think it could.
Be patient, and once you have the candlestick pattern confirmation, like the 3-bar pattern, you decide if this trade is for you.
BITCOIN - Possible 24hr high coming up??COINBASE:BTCUSD is coming into a CIT window shortly that might see a high for the next day.
Anything above 24k after 21:30 would mean its wrong and we will head higher.
This is where I match AI with patterns. It has a 30min window to turn, if not then failed pattern and AI.
We had a nice 3 Drive ABCD pattern on the 20th.
Keep an eye on it.
Enjoy the day. 👍👍
NIKKEI - Gartley completion on the Spike high.OANDA:JP225USD Has completed a Gartley Sell signal this morning on the open of the Asia Session.
The Daily AI had a top at that time as well.
First area to watch will be around 26300-26430 area below there would set up a 25500 Double bottom.
If it gets up above 27k then we will be looking at 27500-27800 bigger Gartley area.
Some levels to watch. Enjoy the day.
ASX200 - Double Gartley'sOANDA:AU200AUD is setting up for another Gartley sell pattern.
This time we have the choice of 2 to choose from.
The first one comes in at 6730 the smaller pattern.
The second would see it going up into the 12th of July which would give it equal time and price.
These come on the back of the previous Gartley sell at 7297.
Its great when patterns line up one after the other.
I hope this helps. Enjoy the day.👍👍
ETH - Turn point day?? Monthly AI.COINBASE:ETHUSD has a critical turn point today.
Its in the 50-61.8% area giving us a Sell signal on the completed Gartley on the smaller TF.
There is also a bigger Gartley setting up around the 1400 area which would mean that the AI would fail at this point but then we look at the 12th of July for the turn.
I still believe we have another move lower towards 600-700.
Enjoy the day. 👍👍
USDJPY-Weekly Market Analysis-Jul22,Wk3A Bearish Gartley Pattern has completed at 136.54; counter-trend traders could wait for a retest to engage the trade.
Trend traders can wait for a Bullish Bat Pattern that is completed on the 1hour chart; that is possible because the USDJPY is in a consolidation phase.
Unlike most pairs, the USDJPY consolidation doesn't necessary means that the market is going to reverse.
AAPL - 382 Gartley Coming in Monday!!NASDAQ:AAPL has had a 3 week rally into the 382 from the March high.
This rally has been weak with lower volume again on this last 6 day rally.
This is where time and price line up perfect.
If it gets above 152 then there could be a bigger move to the upside coming.
Being the biggest stock in the US Stock market then it has a bit of pull where things will go to next.
Interesting Monday ahead. Enjoy the week. 👍👍
CAD/CHF: Gartley Harmonic PatternCanadian Dollar/Swiss Franc forming a awesome Gartley Harmonic Pattern in H1 timeframe. The price it's move into this bearish channel and this it's another opportunity to short CAD/CHF. in that trade, I will put a sell order lmit to $0.7422 CHF. My Stop Loss to $0.7452 CHF and take profit of $0.7352 CHF. This it's an opportunity to find down 69 pips.
The H4 timeframe will closed up this candlestick bearish, if that result bearish, it's a sell imminent in this good trade
I hope that this idea support very well in your analysis.
Good luck in this short position!!!
Bitcoin Market Overview Bitcoin Market Overview
Bitcoin continues to fall, when does the bleeding stop ?
The Market has formed a Gartley with a target at 10676.0, we anticipate to form a low price in and around that price area before we see any move to the upside or will it go to 0 ?
Based on the market data we could see the reversal happing in and around there exciting times .
AUDJPY Gartley pattern short, Public Journal #4AUDJPY has been trending up for a long period of time and then got exhausted. Price has entered a distribution phase where it pills up orders to trick traders to go both ways, long or short. I've waited for price to lure traders into it's trap then reveal the main move. Price showed it's move which took out traders going long and decided to go bearish. Now within that move, I've noticed a Gartley pattern forming. Now I wait for price to hit the D point which aligns with the resistance of the distribution phase.