Bullish Gartley
Gartley pattern on EURCADHey guys,
this is a Gartley advanced formation that's about to complete. I think it could be a good idea since price is fronting a structure level that has been respected in the past. I'm using a AB=CD pattern as entry technique in order to have a better risk to reward ratio.
Stops below X, targets at .382 and .618 of AD leg.
Good luck!
Feel free to comment below for anything.
See you in the next chart!
Gartley pattern ready to completeHey traders,
today i want to point out to you a potential Gartley pattern setting up. In NZDJPY we are approaching the lower low created on December 23rd. So this could be a nice zone where price could bounce off of.
Stops below X, target at .382 and .618 of AD leg.
If you want to share your view, feel free to comment below.
Otherwise, see you in the next chart!
Gartley & AB=CD on USDJPYHey guys,
i want to shar with you some analysis on USDJPY.
Here we have a Gartley already completed and a AB=CD pattern right at the same level. Besides, we also are in an OVERSOLD condition and we can see some structure to the left.
I've outlined a small box where i'm looking for long entries in form of double bottom or engulfing kickers.
However, if you're a pattern trader, you can buy now the Gartley.
It's up to you.
Feel free to comment below for any doubt.
Otherwise, see you in the next chart!
AUDCAD Bullish Gartley Buy at Point D at 0.96055
Stop Loss below X at 0.95880
Target 1 Fib (0.382%) at 0.96569
Target 2 Fib (0.618%) at 0.96882
Trade management move stop loss to break even when target 1 is hit or split your trade in 2 lots and take out 1 lot at target 1 and let the other one role.
Pattern is valid as long as price does not go beyond time fib 3 marked with a red vertical line on chart.
Do not use pending orders.
March MilkMarch Class III Milk is creating a bearish flag to fullfil a Bullish Gartley setup. A downward wedge began this possible pattern. Prices may fall to 15.95 if bears have the willingness to do so.
Happy trading.
AUDCAD bullish Gartley pattern setupHello all,
Bullish Gartley pattern setup on a 4h chart. In favor to the bullish Gartley, prices currently move in the potential pullback ending zones, at 61.8% and 70.7% of a previous uptrend swing seen at the attached daily chart. Also, the whole Gartley setup is positioned between two long-term S/R levels also seen at the daily chart.
Entry is placed at the D spot at 78.6% retracement of XA leg. Stop and Target (Target 3) are placed as per rules for the Gartley, stop below X and target placed at a level of a measured XA move from entry. Both stop and target are aligned with long term S/R levels.
More conservative targets may be placed at 61.8% or 127.2% retracements of CD leg. (Target 1, Target 2)
Here is a Daily chart snapshot.
AUDCHF - bullish gartley pattern - short term longHi guys, potential bullish gartley pattern on the 1h chart. watch for price action to determin entry position.
pair has broken month long daily updtrend and is now in consolidation for another move down. so be careful.
targets are on chart. trade with care.