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Bearish Gartley

NZD/CAD:REVERSAL GARTLEY FORMATION ON DAILY TIMEFRAME - SHORT...Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
3
BTC USD Technical analysisConsidering Aroon's downward trend, it will continue to decline for an average of 7 days. It will be completed within 14 days. If no error in my measurements BTC draws the gartley pattern I have shown the target TP zones in the graphic. if we look at the old support points, BTC will come back at a support of 41K. You can see the acceleration of the decline in the flow of money. I marked the target points of the indicator data. Fibonacci levels, oscillator levels when they reach their target area, the downward movement will end. EMA lines do not create a death cross. Yes, maybe this will be a hard fall. But strong stimulation leads to strong action. I advise new investors not to be afraid of this downtrend. Destructive, but not deadly. Everything will be fine in a short time. When the downtrend is over, I will write my suggestions for uptrend . Note: I'm just expressing my opinion. This is not investment advice.
by CryptoBrainn
Update- see previous chartsTSLA is forming quite a large rising wedge (Bearish) on its yearly chart after breaking out of the symmetrical triangle (see previous chart), which was preceded by TSLA breaking below the bear flag above. While TSLA did close on Friday sitting right on its 50-day EMA there is also a Bearish Gartley harmonic on the 4-hour timeframe (not pictured). Definitely will be keeping a close eye on TSLA in the coming weeks for potential long-term entries- just an updated chart with some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on ----------- TSLA closed on Friday sitting right on its 200-day SMA. It previously broke below the bear flag to test a long-term uptrend line, while simultaneously forming what appears to be another bear flag / rising wedge ( bearish ) going into earnings on 7/26'. If this long-term uptrend line is broken, TSLA could see sub $600 especially if the broader markets continue pulling back. Will be keeping a close eye on TSLA here for potential long entries.
NASDAQ:TSLALong
by jacobosiason7
AUDUSD - Bearish Gartley PatternAs mentioned in the training video, this week the chart on the AUDUSD is having the same trading opportunity as NZDUSD. I also shared my views on correlation currency pairs. There are 2 different Gartley Patterns that forms on both the 4-hourly chart and the 1-hourly chart. I will be waiting for the shorting opportunity on the 1-hourly chart at 0.7400 as a trend trading opportunity. It seems like lots of Harmonic Patterns has form up, which means the market is going through a consolidation. Of which, Gartley Patterns shows a sign that traders are aggressive in engaging the trading opportunity.
Short
by RaynLim
Bearish Gartley PatternIn any case, the pattern contains a bullish or bearish ABCD pattern, but is preceded by a point (X) that is beyond point D. The “perfect” Gartley pattern has the following characteristics: Move AB should be the .618 retracement of move XA. Move BC should be either .382 or .886 retracement of move AB. If the retracement of move BC is .382 of move AB, then CD should be 1.272 of move BC. Consequently, if move BC is .886 of move AB, then CD should extend 1.618 of move BC. Move CD should be .786 retracement of move XA
Short
by dlaregleyar
1