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Bullish Gartley

USDCAD Long: Gartley TCT at Wave ((iv)) S/R ZoneUSDCAD has completed a bullish Gartley pattern in in a significant area of support. The Gartley PRZ is confluent with previous wave four support, making it possible to catch fifth wave movement to the completion of the impulse. On the longer term, I am bearish on this pair as multiple D1 bearish patterns are emerging. Near-term, this TCT has a R/R of 4.4 and the Gartley/EW targets align precisely with my short entries. Confluence in the PRZ: Bullish Gartley pattern completion AB=CD pattern completion Wave ((iv)) support at entry Wave ((v))/5 completion at target Thanks for your support and don't forget to click the thumbs up button and follow for future updates and more trade ideas! Here is a longer TF Outlook to consider:
Long
by glennmercer
Long EURUSD: Huge Gartley Complete at Support + Bat + ButterflyEURUSD has completed a large Gartley pattern on the weekly TF at a very important area of support. The support comes from a trendline dating back to the year 2000 which has been tested three times and has yet to be broken in the past 15 years. This is the second time price has tested the Gartley PRZ, proving it to be a key area of support as well. To add to the bullish bias, two confluent harmonic patterns have emerged on shorter time frames. These 4H harmonic patterns provide an excellent opportunity to enter the larger TF Gartley more precisely. Possible Stop Loss and Targets: T1: Unhit pivot for November, 2015 | .618CD (Bat & Butterfly) | R:R=3 T2: Missed pivot for January, 2015 | .382CD (Gartley) | R:R=9 T2: Missed pivot for September, 2014 | .618CD (Gartley) | R:R=15 SL: Below bat point X Confluence in the PRZ: Bullish Gartley pattern completion Bullish bat pattern completion Bullish butterfly pattern completion 6 missed monthly pivots above price Strong trendline support Weekly Chart: Thank you for your continued support!
Long
by glennmercer
9
USOIL: BULLISH GARTLEY PATTERN WITH AB=CD HARMONIC MOVE [D]!!!Hello Traders, Here we have a valid bullish Gartley pattern along with valid harmonic AB=CD move on FX:USOIL . Both patterns are completing right at the 127.2% fib extension level. We can probably wait for an even deeper CD leg completion, in order to get better risk to reward for this setup. Stops and targets are labelled on the chart above. NOTE #1: Crude oil inventories news event is coming up today @ 11:00 AM (EST). Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :) Follow me on Twitter as well: moneymaking2016
FX:USOILLong
by moneymaking
4
Long EURUSD: 1H Bat Complete in 4H Gartley PRZEURUSD has completed a bullish bat pattern inside of the PRZ of a larger TF bullish Garltey. Moving into the bat PRZ, RSI and MACD have printed bullish divergence. To add to the bullish bias, an unhit pivot cluster sits above price and coincides with .382 retracement of the Gartley CD leg. Targets are placed at .382 and .618 retracements of CD. SL is placed below Gartley point X and outside of the PRZ of a potential bullish crab pattern. Confluence in the PRZ: Bullish Gartley pattern completion 1.272BC (Gartley) AB=CD pattern completion (Gartley) Bullish bat pattern completion 2BC (bat) 1.618AB=CD (bat) Unhit weekly pivot above price Unhit monthly pivot above price Bullish RSI divergence Bullish MACD divergence
Long
by glennmercer
2
Long GBPAUD: 5 ReasonsGBPAUD has formed a tight PRZ where a series of bullish harmonic patterns have completed. There is also an unhit weekly pivot above price which may help drive price upward. SL is placed below .886XA with targets at .382CD and the unhit weekly pivot which coincides nicely with .618CD. 5 Reasons to Buy: 1. Bullish Gartley pattern completion 2. Bullish crab pattern completion 3. Bullish butterfly pattern completion 4. Bullish RSI Divergence 5. Unhit weekly pivot above price Thank you for viewing and please don't forget to take a second to click the thumbs up button for future updates and more trade ideas!
Long
by glennmercer
EURUSD 1 Hour: 3 Advanced Patterns Setting Up/ Ideas for a VideoComing off a massive week in the Syndicate it’s somewhat refreshing to have only taken a single trade this week. Well two if you count the AUDUSD Bull bat that just filled a few hours ago (60min). Either way a slow week often means that there are a lot of potential patterns going through there setup legs and the EURUSD is a prime example. Three potential patterns on this pair, on this time frame. A potential Bullish Gartley, a Bearish Gartley, and a Bearish Cypher. Not much on the news front until tomorrows ECB Press Conference and our normal Thursday Unemployment Claims, so we’ll see how things pan out. Also, as many of you know I put out a weekly trading video on my youtube page every Thursday. www.youtube.com Well this week I’m a little short on ideas, so if you have something that you’d like to be discussed do me a favor and leave your comment under this video and I’ll go through them before tomorrow’s recording starts. Good luck in the markets traders and remember… PLAN YOUR TRADE, & TRADE YOUR PLAN Akil Stokes Chief Currency Analyst at Trade Empowered Click here for 20+ hours of FREE Training tradeempowered.com
by Akil_Stokes
137
LONG EURJPY: GARTLEY + PIVOTS + TRENDLINE SUPPORTEURJPY has completed a bullish gartley pattern in a tight PRZ. The pattern completed at a strong support trendline which will help drive price upward. To add to the bullish bias, two unhit pivots sit above price. The unhit monthly pivot for October, 2015 aligns precisely with the .618 retracement of the CD leg. SL is placed below X. Confluence in the PRZ: 1. Bullish Gartley completion 2. AB=CD 3. 1.272BC Projection 4. Trendline support 5. Missed pivots above price Thanks for viewing and please don't forget to take a second to click the thumbs up button and follow for future updates and more trade ideas!
Long
by glennmercer
1
Long EURNZD: 10 Reasons!EURNZD is completing a conglomerate of potential harmonic patterns to produce a highly confluent kill zone. In addition to a host of pattern completions, there is added support from a long term trendline and another strong S/R area further below price. SL is placed below the S/R area and targets placed at the .382 and .614 retracement of CD. Confluence in the PRZ: 1. Bullish Gartley pattern completion 2. Bullish crab pattern completion 3. Bullish deep crab pattern completion 4. Bullish butterfly pattern completion 5. 2BC Projection 6. .786XA 7. 2.13AB=CD (Coincides with its .886AB reciprocal ratio) 8. 2.618BC Projection 9. Long-term trendline support 10. Strong S/R area Thanks for viewing and please don't forget to take a second to click the thumbs up button and follow for future updates and more trade ideas!
Long
by glennmercer
USDJPY: A Lot Going On Here So Let Me ExplainEarlier in the week I shared with you my idea for a potential bullish Cypher pattern here on the USDJPY and as you can see price action has yet to reach the “D” completion point. In Tuesday’s Live Trading Room session we were able to capture some profit on a long entry as the market retested the Cypher “B” leg and now price action looks to be retesting that zone once again. I want to keep this as simple as possible but here’s what I’m looking at going into today’s trading. 1) Another potential long entry at the same level as Tuesday’s trade (orange box). Not only does that represent previous structure support, but we would have a nice harmonic move heading into that level as well. I haven’t drawn in any Fibonacci yet but I would assume some type of confluence too. 2) The potential Cypher pattern completion from earlier in the week and… 3) A potential Bullish Gartley pattern that has now formed as well. I’ll see if I can record the Live Analysis I do on this pair during this morning’s Live Trading Room session and add it to today’s Youtube video ( www.youtube.com ) Akil Stokes Chief Currency Analyst at Trade Empowered Click here for 20+ hours of FREE Training tradeempowered.com
Long
by Akil_Stokes
39
EURUSD: Potential Bullish Gartley on the Hourly Potential Bullish Gartley pattern here on the EURUSD 1 hour chart completing at 1.1206. The recent consolidation on the Euro has been good for pattern traders allowing us to profit on the Gartley/Cypher from earlier in the week, hopefully this Gartley can deliver us the same. (tradeempowered.com) One thing about this particular pattern that you may want to keep an eye out for is the potential risk/reward. The safest place for a stop loss is going to be below the 1.1150’s level and because it’s not a deep “D” completion that may mean stretching your risk reward ratio past 1:1 if you want to be down there. That’s a personal decision obviously, but I do think it’s something to think about if taking this trade. Akil Stokes Chief Currency Analysis at Trade Empowered Click here for 20+ hours of FREE Training tradeempowered.com Click the link below to subscribe for more FOREX TRADING videos www.youtube.com Facebook: www.facebook.com Twitter: twitter.com
Long
by Akil_Stokes
64
USDCAD: 2 BULLISH PATTERNS CLOSE TO COMPLETION ON 4 HR !!!Hello Traders, Here we have 2 VALID BULLISH GARTLEY AND BAT PATTERNS on FX:USDCAD , that are close to the completion point. I have color coded all the TARGETS and STOP LOSS LEVELS for BOTH HARMONIC PATTERN , on the chart above. For the BULLISH BAT PATTERN , we also have FIBS RATIO CONFLUENCE at the completion point. See the chart above for more details. NOTE: The BULLISH GARTLEY PATTERN has NOT completed yet !!! Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
Long
by moneymaking
5
NZDJPY: VALID BULLISH GARTLEY PATTERN WITH GOOD RISK TO REWARD!!Hello Traders, After a successful 2618 short trade setup, we have gotten a VALID BULLISH GARTLEY PATTERN on FX:NZDJPY with a great RISK : REWARD ratio. Always remember to look for 3 important things BEFORE placing any trade, where's your entry, your exit if you are wrong, and your targets if your right. We know we are entering long @ 81.164 based on the pattern with our two targets @ 81.547 and 81.783. Lastly the most important thing that we MUST have, before even thinking about placing a trade, is the stop loss. For this setup, we are able to hide our stop loss below both the PREVIOUS SUPPORT ZONE and THE KEY PSYCHOLOGICAL ROUND NUMBER, 81.000 . See the chart above for more details. Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
Long
by moneymaking
9
EURUSD: Bullish Gartley (Repost)/How To Grow Your Account Video Hey guys, we've been watching this potential setup for a while & price action is finally in striking distance of you D point completion. Therefore I wanted to repost this chart just as a heads up. Keep an eye out for the *ADP Number at 8:15 Eastern. I'm heading out of town so there will be no more post from me this week, however I did leave you guys a short video addressing a common question that I get about "How To Grow Your Trading Account" of course my answer probably isn't what you'd expect to hear, but I'm also not like most traders. Here's the link www.youtube.com Please let me know what you think by leaving a comment under the youtube video. Don't forget to LIKE, SHARE & SUBSCRIBE too, that helps me out a lot. --------------------------------------------------------- --------------------------------------------------------- Akil Stokes Chief Currency Analysis at Trade Empowered Click Here for 20+ hours of FREE Training tradeempowered.com Facebook: www.facebook.com Twitter: twitter.com
Long
by Akil_Stokes
26
EURUSD: Potential Bullish Gartley Pattern w/ Great Risk v RewardNot a lot on my radar this morning which is perfect seeing how Monday’s are typically days where I let the markets wake up after the weekend. One pair that I’ve been continuing to watch closely has been the EURUSD which has provided a lot of opportunity over the past month or so. The chart before you shows a potential bullish Gartley pattern completing extremely close to the “X” leg. As I shared with my Syndicate members in this morning’s trading video, this is a really good thing, because it puts us in a situation where we don’t have to risk as much and can potentially receive a greater reward if the trade goes in our direction. I usually don’t take patterns too seriously until the “B” leg is broken so there may be a few bullish opportunities beforehand, but that’s something I won’t be interested in until tomorrow. Good luck in the markets this week traders and as always, if you like this post PLEASE HIT the THUMBS UP button, and if you have any question, comments or would like to share your views on this pair don’t hesitate to type in below. Akil Stokes Chief Currency Analysis at Trade Empowered ------------------------------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------- Click Here for 20+ hours of FREE Training tradeempowered.com ------------------------------------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------- Click the link below to subscribe fto my Youtube page www.youtube.com Facebook: www.facebook.com Twitter: twitter.com
Long
by Akil_Stokes
46