Bullish Gartley and Potential Cypher PatternLooking at the chart, we can draw two patterns, albeit opposites. The first one is the Bullish Gartley, shown in dark color, indicates XLMUSD is about to pump. The second one is the potential Cypher Pattern, although bearish, indicates that XLMUSD needs to pump in order to complete the pattern and reverse trends after that. This means, XLMUSD will experience a short bull run.
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Bullish Gartley
Long until earnings.ACB just announced an update on their construction of 1.6 million square foot facility in Medicine Hat, Alberta, and its 1 million square foot facility in Denmark:
The stock looks bullish at least until earnings.
$ERD/$USDT @Binance Potential Bullish GartleyPotential Bullish Gartley in play. To simplify it, a trade set up is exactly where my two entries are and the profits are both at A and C of the Bullish Gartley! Or you can be a bit more conservative and take profits between the .382 and .618, but with my stop, it's probably smarter to go for A and C as our profit taking levels.
Bullish Gartley Pattern on Alpha FXLooking at the Daily, Alpha FX has rallied in a long XA leg up to 850p (point A), price retraced just past the 0.618 retracement level to point B, then bounced and retraced to the 0.618 retracement level of AB at point C. Look for price to bounce and hit the 1.272 extension level of line AB at around 610p in early October. If it does, go long. First target is at 700 for a nice 13.75% return.
EURUSD bullish gartley harmonic pattern 4h timeframeWhat you see here is a developing bullish gartley formation.
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NVDA Bullish Gartley?? Fairly Close Levels...NVDA Has pretty closely printed about 3/4 of a bullish gartley pattern. See link attachment. www.forexhighs.com If this is the case, the buy point would be in the area of NVDA 140ish. Also, one could very well see this as a possible short opportunity through put options until price reaches the buy point. Stop loss in that scenario would need to be about 172.50, which would instead signal a breakout upward and possible long entry. Thought this was an interesting possible development in this name. In any event, happy hunting and GLTA!!
USDJPY-Weekly Market Analysis-Sep19,Wk1At the point B of the Bullish Gartley or Deep Gartley, it could be an ABCD Pattern, if that happens and the market had a bearish run, it will be a Gartley pattern instead of a deep Gartley pattern.
Having the Gartley pattern form it gives me a third chance entry to long, if market break and close above the resistance(red line) is likely to extend higher too.
Feel Free to refer to my trade ideas at the link below.
Trade Ideas Position: EURJPY GartleyA bullish Gartley setup, in fact, it is a bullish deep Gartley setup. Trade at X is my favorite setup as it provides the best Reward: Risk.
In trading, every decision is a trade-off, in this case, yes it does give a great Reward:Risk but is at the brink of breaking the Gartley.
What's your trade plan on this? Comment down below.
Trade Ideas Educator: EURJPY GartleyFor those who are looking for trend trading opportunity, then this bearish bat is a good fit for the setup.
Counter-Trend Traders, fret not, a deep bullish Gartley setup fits in perfectly to your daily chart double bottom with RSI Divergence?
What's your trade plan for this baby? Comment down below.
Trade Ideas Position:USDCAD GartleyAs mentioned yesterday during the Facebook Live session, I have spotted this bullish Gartley pattern, the overall trend is bullish, hence this setup is a trend trading setup.
With such a market movement of strong bearish and weak bullish retracement, I expect a strong bearish move pushing price down into the tight buy zone even it will go near Point X and that might even provide a better entry opportunity.
A long shadow candle is expected, however, a bullish candle is expected to appear to make this trade a valid 1 for me.
Reversal Could be 8500$ Level - Bullish GartleyBitcoin performing 5 leg correction AFTER VERTICAL MOVEMENT.
Current Pattern seems like Bullish Gartley(XABCD). B Reversal was bouncing from %61.8 level which is 9750$. C leg did not extent previous high. Price going lower to entry at 8500$ level (-%27.2). Also 8500$ level is fibo %50 which is movement of 3215$ to 13764$.
Entry Long : 8566 $
Stop Loss : 6943 $
Take Profit 1: 9666 $
Take Profit 2: 11423 $
Extreme Target : 15299 $
This is not an investment advice. Investment is your own choice.