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Bearish Gartley

The bearish Gartley still lives!This harmonic has so far played out amazingly well. The main trouble I had was not noticing the triple top made around 14250/14300. This then sent us down to complete the full 886 extension of the C. I've updated the chart and hidden the green fibs + GZ and added these white fibs with a green box. If the PA manages to break and close above the green box then it'll carry on to the D where I'll be taking profit and looking for a short entry to bring us down all the way to 11k. If the green box holds on the next attempt then the D will not come and we'll go to hell all the same.
OANDA:NAS100USDLong
by Mr-R-Sole
Point C hit, next up the big D!!Point C target hit plus back tested with the double bounce off the 618. The white fibs show potential places on the way up to D where we could expect a pull back. Same goes for the the green fibs. The D could extend as much as 1.618 which takes it to the white 1.168 fib, otherwise known as the golden ratio, around 16.2k. This bearish Gartley has so far played out perfectly and I see no reason why I shouldn't continue. I've adjusted the TF for the D to hit to the beginning of May because that's when the all important next FOMC meeting is. I am long from C till D with SL on entry #riskmanagementiskey
OANDA:NAS100USDLong
by Mr-R-Sole
EUR/JPY (Gartley Pattern) 1HRPAIR: EURJPY TRADE: GARTLEY PATTERN POSITION: SELL TIME-FRAME: 1HR -------------------- An amazing opportunity to short here in the form of a Gartley Pattern on the EUR/JPY. Deep B-point giving us a truly wonderful Risk to Reward setup on this pattern and waiting to execute. Patterns pay. <3 -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Short
by Phil_C
Critical point!Haven't changed this chart apart from adding the 50 & 200 SMAs, which as you can on this time frame is starting to converge into what is known as a death cross. This is extremely old and outdated TA but I think it's still relevant providing you spot it as soon as it starts to converge, not as it is crossing. It's also resting on the monthly pivot point as well as making a lower high on the RSI. I think yesterday's tiny correction was to allow the RSI to cool off on the 1 &4h TFs.
OANDA:NAS100USDShort
by Mr-R-Sole
Phew! Bearish Gartley still aliveIt was touch and go yesterday as the Nasdaq rose 2% but seems like the more sensical heads have prevailed against the idiocy of the moon boyz. As mentioned in an update on another chart, this is now dropping as fast as it went up with the help of the words from multiple FED members. I added another short entry at 15103 yesterday, albeit a bit prematurely but seems like it was worth the slight discomfort. I'm now looking for the C to come to fruition at some point this week. If you check how the DXY, VIX, VOLX & UVXY are behaving today, you'll understand why I think the C of this bearish Gartley should occur this week.
OANDA:NAS100USDShort
by Mr-R-Sole
USOIL After hitting all 3 targets on USOIL trade set up since $70 and all look set and done for USOIL the new data is telling us that may yet be the case! Now holding onto that $100 support, making a higher low and pivoting on that old supply line while showing bullish convergence on the oscillators we could still be in for higher prices! Here i identify a possible Bearish Gartley Harmonic that has a PCZ of $122.06 on the daily chart and per my post previously on USOIL on the 4hr chart a smaller wave structure bearish bat harmonic that has a PCZ of $114.72
TVC:USOIL
by jedtexas
USD/JPY: Bearish divergence formedIn this analysis, U.S. Dollar/Yen Japanese forming a bearish divergence in 30 minutes timeframe. Also, we see a bearish channel flag pattern and we see a broke down of this chartist pattern in USD/JPY. As I see a bearish setup, this could be an amazing profit of 122 pips approximately to find down. Now, I want to share here another timeframes what I found out. In H4 timeframe, I see the same in 30 minutes timeframe, but this it's very different because in H4 we forming a key supply zone in that gray zone that it's called imbalance zone and we see that this could be another signal that we're going to short U.S. Dollar in front of Yen Japanese. And also, to know more deep, we see a bearish Gartley harmonic pattern with all Fibonacci measure to valid this harmonic pattern, with Fibonacci measure and also, the confirmation of this bearish divergence and break out of this bearish channel flag pattern in 30 minutes, all thesm it's a good signal to short U.S. Dollar. So guys, I see that this trade has a lot potential to find a short position. For that, I put a place a sell order limit a little more of the price at 122.66 JPY and SL to $123.15 JPY (49 pips) and target to $121.44 JPY (122 pips). This have a risk/benefit 1:2. I hope that this idea support you very well in this Forex weekly.
Short
by harisonhbn9718
5
GBPUSD - Bearish GartleyBefore we go into this chart, there is 2 setup in the 4-hourly chart(UTC +2). A Bearish Shark Pattern and Bearish Gartley Pattern are complete close to one another. It could be a challenge to spot that Gartley Pattern, give it a try as the chart wasn't as clean as this one. The reason I'm sharing the 1hourly chart Gartley Pattern is that it is much cleaner and it will complete before the 4-hourly chart. The Bearish Gartley Pattern is complete within the sell zone and what's nice about this setup is that if the market violated the Gartley Pattern, it will also violate the sell zone.
Short
by RaynLim
MP Materials: Bearish Re-Entry of the 1.13 ExtensionThis first entry got stopped out and now MP Materials is higher, however it is now hitting the 1.13 retrace and may be setting up to come back down within the range if this is a false move like i expect it is. I will officially call the trade off it it trades above the level of $62 and my profit taking targets will be first $30 then $10. I will be trading this in the form of puts around the current price expiring several months out from now.
NYSE:MPShort
by RizeSenpai