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Bullish Gartley

GBPUSD- Potential D Leg on "Bullish Gartley"***Note: technically this is not a true gartley pattern since there is no definitive impulse leg. However, many of you find success trading the fibonacci zones within pattern structures.*** If GBPUSD can close today below the .886 fib retracement of the AB leg i think the pair would be a nice short for a few days. RSI is showing multiple signals for overbought conditions, as well as macd is starting to tighten up. - If price closes above the .886 fib retracement the idea is invalid, as well as the bullish gartley. D leg of the gartley should never extend past X and typically completes itself by fulfilling the 1.272 fib extension of the AB leg. In the coming days/weeks if the setup is still valid execution rules is to place a buy limit at 1.272 fib extension and stop is 10 pips or 1 ATR below X.
by Jroge107
($STRAT) Stratis - Bullish Divergance - Symmetrical TriangleWe can see Stratis forming a Symmetrical triangle, with an ascending support (green). We recently saw a Rising Wedge, but some would also consider this a Gartley Bullish Pattern. RSI is showing us a bullish divergence and we can almost see a consolidation in recent volume. Our Bollinger Bands also have compressed around the support, supporting the consolidation. Our EMA on the MACD has also headed upwards and is currently supporting the consolidation, so I think we can look for a bullish trend potentially starting. We should look for a confirmation around 0.00180000. We can use our Fibonacci for potential sell targets around the 61.8%, 100% or Long. We should set our stop loss at around the support level if thing's do go haywire. We should also be wary of Bitcoin Price movements.
SLong
by mumbojam
EURJPY - ShortEURJPY 0.02% has broken back into a previous range and has completed a Bullish Gartley pattern. Conventional first target on a Gartley are a 38.2% Fib of the CD leg, which would take us back into previous structure and the top of the historical range. We are looking for a retest of structure at the 38.2% Fibonacci level, and if we see a reason for entry at this level we will be selling with half a position as this is counter-trend. Entry: 130.490 Stop: 25 pips Target: 60 pips
Short
by Mase_00_7
Continued Bullish Trend - Possible Triangle &/or HarmonicAs we are one day before the SEGWITx2 / UASF upgrade, the chart becomes clearer and over the next day or so, we should see the completion of what seems to be a triangle forming. A possible Bullish Gartley could also be confirmed if price action reaches the confirmation area. Either way, the trend is definitely BULLISH and there is no sign the trend is about to change anytime soon. Since the 19th of July, price action has also been rebounding off the water EMA as well as the MAYO, thus expecting price action to either rebound off the MAYO on the last move of the triangle formation or if it breaches the MAYO EMA, we should get a confirmed Bullish Gartley Harmonic to then continue upwards in what I believe will be significantly past the $3000 price range. At this point in time, TDI doesn't give me much of a confirmation, other than the bands having narrowed which could signal a rapid move either down or up, depending on market sentiment. However, either way, long term, this coin is set to surpass the 3k area and isn't anywhere near becoming bearish, not in the slightest. See 4H and Daily charts to understand better. I'm holding these coins long term, easily up until around 2018 ~ 2019. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by UnknownUnicorn661419
Possible Bullish Gartley forming before huge push upwards?It seems we may have a Bullish Gartley Harmonic forming on the 4 Hourly and Daily charts where price action is now on it's way down to the confirmation area. Should the bullish Gartley harmonic pattern form, it will become a highly probable pattern that should give strong signal to buy/LONG this crypto. TDI shows current progression downwards following price action with no divergence, whilst the Mustard EMA is about to cross the Ketchup which should give a clear signal for a drop. I'm quite confident that once the SEGWIT /UASF has been completed, price action will perform a very hard upward move, most likely to past the $3000 region by the end of next week, following through to even higher price points further down the track. Expect to see a significant GAP as trading will most likely halt during the upgrade for at least 24 hours, thus don't be surprised if you see the open of the opening candle lower than the confirmation area, most likely either just on or below the upper wedge trendline. I'm still bullish on this and will be LONG-TERM, most likely I'll purchase another round of bitcoin once it reaches the bullish gartley harmonic pattern confirmation area and hold long term. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by UnknownUnicorn661419
6
Primary Bullish Gartley Confirmed, LONG on Breakout!It appears to me, that price action has invalidated my initial Bullish Gartley pattern, however, I've just noticed another Bullish Gartley (which I have missed previously) and has been confirmed over the weekend. On forex brokers, the BTC opened on a massive GAP, however via Bittrex I monitored price action live over the weekend. Price action seems to have not been able to penetrate strong Support area and has now formed a nice structured channel which in my opinion, is a good indication of a BUY (LONG) on breakout of structure. Ketchup and Mustard EMAs are about to cross the Blueberry EMA as well as TDI -0.04% showing Sharkfin formation with RSI in the oversold position, ripe for a very strong move LONG. I will BUY additional Bitcoins on the breakout of structure, on close of the first 4Hour Candle today, from then on I expect moves in Bullish trend for long-term. Most other cryptocurrencies should show bullish trend from here on in, in my opinion. I don't expect any more bearish trend/moves. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by UnknownUnicorn661419
2
WTI Possible Bullish Gartley on the 4HR and Daily ChartsIt seems WTI Crude Oil could be forming a Bullish Gartley Harmonic Pattern on the 4 Hourly and daily charts as price action has just pinned the Water (50 EMA) where it seems it has completed a pullback Fibonacci. It is possible to expect a continuation of more upward moves towards the Bullish Gartley Harmonic Confirmation Area where a SHORT can be taken to both Harmonic Targets #1 and #2. Although TDI shows the position still close to the middle of the bands and an overall central position, widening of the bands has occurred and seems to indicate the probability of more upwards movement towards the Harmonic confirmation area. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
TVC:USOILShort
by UnknownUnicorn661419