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Bullish Gartley

AUDUSD - Bullish Gartley on FlagWell, the bearish shark pattern has not even touched its Target1, most of the time when this happens the shark pattern is not going to payout. If you look closely there's a bullish flag pattern and there are multiple tests on the base flag and coincidently I have a bullish Gartley pattern form and completes at the base flag, the only thing about this Gartley Pattern is that Point C went higher than Point A, check that on your live account on your 4-hourly chart to see if it's true, even if that's the case, you still have a bullish flag to support you if you plan for a buying opportunity.
Long
by RaynLim
Is SKLBTC beginning a breakout?SKLBTC looks to be trending fairly positively over the past few days. On March 9th, 2021, both SKL and MATIC prices increased greatly as they were added to Coinbase. Now MATIC started a breakout a few days ago, is SKL next? A few weeks ago, it initially looked like this pattern would form a descending triangle and turn bearish , but instead with the latest bitcoin dip, a descending wedge has formed instead (red lines) and looks like a breakout may occur soon. Additionally, it looks like a bullish Gartley pattern also formed around the same time as the dip, further indicating a potential reversal (as indicated by the blue lines). These bullish scenarios look further confirmed by bullish reversal divergence on MACD as it begins to trend to the positive side (red dotted lines) . However, no pattern is guaranteed, and there is still a bit of confirmation needed, particularly with regard to volume , but it definitely looks to be a trend to keep an eye on. And as always, this is not meant as any type of financial advice and is solely my opinion. But as always, please like or comment if you agree or see anything that stands out differently.
Long
by crypto_trends
4
PCZ of Gartley Hit with Bullish Breakout of a Diamond PatternDean Foods has been ranging for a long time at this levels and has recently been showing many bullish signs. I first shared this find a few weeks ago but today things have gotten even better for the bullish argument. We not only hit the PCZ of a Bullish Gartley; We Bounced much higher off of that PCZ, High Enough to Breakout of a long Standing Supply line of a Diamond pattern and now, the Stochastic RSI Seems to want to cross bullishly from the oversold levels after many weeks and months of waiting. If in the next few days we can maintain the momentum we have on this monthly candle and close above this diamond's resistance then i believe that much higher levels will be just around the corner for this asset.
DLong
by RizeSenpai
GBPUSD-Weekly Market Analysis-Apr21,Wk5Although a lot of traders are looking to short GBPUSD, the technical setup doesn't show any signs of weaknesses on this pair. The market has hit Target1 2times on the Bullish Gartley Pattern(yellow) setup. Will there be a Type3 Gartley Pattern? Well, I doubt so, it is more likely to have a Bullish Butterfly Pattern(blue) than a Type3 Garley. I'm waiting for a reversal for a buying opportunity at 1.3801, the additional benefit of trading at the Butterfly Pattern will attract Price Action Trader to engage to long at 1.3800 and that will bring 2 different groups of trader, trading in 1 single direction.
Long
by RaynLim
You Wanna Get Nuts? Let's Get Nuts$PVDG is freakin' stupid. It's just stupid. The only thing stupider than $PVDG is the daily bullish divergence within the handle of a giant cup and handle pattern at the PCZ (pattern completion zone) of a Bullish Gartley. Now ... I'm a bit iffy on this gartley pattern, as I drew it using candle closes, but ... and as you'll see in the comments as I add to this, a different Bullish Gartley pattern (and by different I mean it uses slightly different fib nodes) has developed on the 4 hour chart, with a PCZ at the exact same entry level - and this one was spotted by the harmonic indicator, so it's more obvious than whatever it is I charted. Additionally, there is bullish divergence on just the RSI on the 4 hour chart as well. Because of these coinciding variables, I've decided that $PVDG is good enough for us to do another trade setup (also I accidentally bought it here anyway but you know ... don't judge me) so in the off hand you want to get crazy with your money and lose anywhere from 70% to 90% of it (depending on which Gartley you're basing your stop on), well then. In the immortal words of Michael Keaton in Tim Burton's 1989 film Batman, "You wanna get nuts? Let's get nuts." Take Profit 1 is based on the measured move of the XA leg of the Bullish Gartley that I plotted. But weirdly, the measured move of the XA leg on the Gartley that's on the 4 hour chart is roughly the same area ... maybe closer 80% more. I know that certainly sounds like a lot more but ... on the chart in log, it's around the same spot. Basically it would be the difference between locking in at 320% gain versus almost 400% gain. Take Profit 2 is based on the measured move of the cup & handle pattern playing out, which ... on its own, is pretty far off, but by the time the Gartleys reach their measured move, the price action will have crossed the rim of the cup and thus confirmed the cup & handle. Take Profit 3 is roughly based on the 3.618 Fibonacci extension of the swing low from A to D, with the exception that we're taking that profit a bit early at an area of critical resistance (the beginning of the drop of the cup, actually). Happy hunting.
PLong
by HeathHimself
Double Bottom Near PCZ of Bullish Gartley and Bullish DivergenceBuying this asset anywhere under 10 cents seems like a bargain to me as i believe we will in the mid-term future see this asset rise back to pre 2019 Bankruptcy levels on the weekly as the company has still been around and selling goods ever since and therefore has great potential for a recovery given that it formerly was the third largest dairy company in the US. As seen on this weekly chart here we appear to be breaking out of a falling wedge and back testing the neckline of a double bottom looking structure with plenty of bullish divergences to back it up I would surely be buying and holding this asset for the long run:
DLong
by RizeSenpai