FTT Must Hold Above $22; or Be DestroyedFTT has traded within this Giant Falling Wedge Pattern and is at a Weekly Support Level like the SPX and Nasdaq as well as the Pattern Completion Zone of a Bullish Gartley so Long as it holds above support we should see a Decent Breakout Very soon from here Potentially to $60-$71.
Bullish Gartley
ADAUSD: Trading at Harmonic Levels of ConfluenceADA Right Now is Trading at the PCZ of a small Bullish Gartley(The Harmonic furthest to the right) and a Bullish Cypher(The Harmonic in the Middle) and A Shark(The Biggest one to the left) Usually ADA tends to lag after XRP so as long as BTC holds these levels we should be able to see ADA break above the trendline from here in the coming weeks or atleast test the trendline and if ADA Breaks the Trendline i'd expect to see it get bought up to the next maor resistance at 89 Cents.
The trendline mey just act as a Bullish Dragon Validation Line if it breaks out.
Here is a zoomed in screenshot of the Army of Harmonics we have here before us:
LUNA2 Looks Like it Wants to Test The Range Highs Very SoonIt looks like LUNA2 is still trading at the lows of the Range and has formed a small Bullish Gartly at these lows with some Bullish Divergence on the RSI I think we will see LUNA2 rising towards the highs of this range in the midterm while LUNC continues to decline into the One-10-Thousandths .
LINKUSDT Gartley AB=CDGartley's AB=CD Harmonic pattern applied on prior swing A-B-C w/ 78% retrace which predicts a potential 127% retrace downward.
Hidden bearish divergences on Chaikin Money Flow and Fisher Transform oscillators.
Price action: T Bar reversal @ peak.
88.6% and 14.6% Fibonacci Retracement PRZ levels.
Falling Wedge Break Hook and Go at PCZ of Bullish GartleyThis "meme stock" has been seeing alot of action over the last couple of years but has recently tumbled over and may be giving an actual credible entry here. I would either go light with slightly OTM September 16 Calls or i'd just straght up buy a few thousand shares. I personally will be going with buying 4000 shares here and seeing how it goes.
EURUSD: Bullish Gartley on the MonthlyThis is an update to the Monthly Bullish Gartley setup that's in the Related Ideas Tab Below.
I entered at the 786/1.414 confluence area but my tight stop was triggered. As i explained in the original setup, I was worried that the 1.414/.786 confluence area would break and that the 1.618/.886 confluence area would be the more optimal entry, as a result i had a tight stop so that i'd make more sense to go in with size at the 1.618/.886 area and now that we are here I will be entering again with bigger size and a wider stoploss.
I think we should see some upside leading to the End of the Season.
GreyScale BitCoin Trust (GBTC)
I have never has any interest in Bitcoin nor its derivatives. I like the technology but believe we are still in its early days.
That is not to say however I don't follow it.
One equity way to position a Bitcoin view is with GreyScale Bitcoin Trust.
So currently on a weekly basis there there are two current bullish harmonic Patterns in play ... A Gartley and a Black Swan.
Additionally there is also evidence of a bullish Wolfe Wave in play which I have marked with a time and a target.
Our final inspection shows an upsloping Andrews Pitchfork which is also has been marked.
IMHO this technical analysis evidence suggests we have formed or in the process of forming a significant bottom.
That said, I will watch an comment on its progress. BTC may have one final push down to the $23,000 so my game plan is to enter an established GTBC rally just under the $23 level with a stop at approximately $the $17 level.
My target is around the $34 level.
If it works out that's good..
This is educational investment advice. Do your own due diligence and respect market trends and conditions which as any student of the crypto space can change rapidly .
See you in September.
S.
GBPUSD-Weekly Market Analysis-Jun22,Wk1A Bearish Shark Pattern has been completed and I'm waiting for a check back at 1.2652 for a trading opportunity that could head towards a potential Head and Shoulders setup on the daily chart and a Bullish Gartley pattern on the 1-hourly chart. The order of the move makes a great difference on the profit potentials.
The best outcome would be the Gartley Pattern on the 1hourly chart, 1.2573 forms up before the check back of the Shark Pattern on the 4-hourly chart, which is the current timeframe for the maximum income potentials.
Bullish Gartley and Bat on LUNABTCThe LUNA/BTC pair is showing a potential for a Bullish Gartley and Bat on the 2 hour and Below while the RSI sits at literally 0 this could be a sign of Bullish things to come.
EURUSD: Bullish Gartley and Double Bottom on the MonthlyI feel like this Gartley could extend further down towards the 88.6 Retracement as that would be closer to the 1.618 Extension of this Gartley but it seems like it could be just as valid for it to reverse here at the 0.786/1.414 Confluence Zone so I will opt to try my luck and take an entry here and if it goes lower near the 886/1.618 Confluence area later i will try again later at those levels which is why i will opt to maintain a tighter stop than usual on this particular entry so that it could make more sense to try again if we ever hit those lower levels at the lower Confluence area.
We are also nearing the Bearish Target of a Previous Macro Setup i posted on the Monthly last Year in August that can be seen here:
PRZ as Gartley Pattern on EURUSD to buyNotice this is on 30 minutes chart.
There's an opportunity to buy on EURUSD. On this analysis, Gartly pattern may be formed at that support and enter the trade at point D when we have confirmation such as candlestick pattern. I'd place SL on the red line and TP on the other 2 resistance which are the green lines. I'd look for the first resistance as a target and also we have a AB=CD pattern (not the ideal, but presents harmonic retracemente and projection).
Anyways, I'd recommend to wait for confirmation.
Do you have any other ideas? Let me know on the comments.
EURUSD-Weekly Market Analysis-May22,Wk1EURUSD has fallen to 27Feb2017 low, the closing candle on the Weekly Chart suggests that the dovish movement has not ended.
However, that doesn't mean that we should avoid the counter-trend trading setup that forms on the 1-hourly chart. With that said, it is important not to overtrade on this Bullish Gartley setup.
A 3-bar reversal could be a good indication for a buying opppotunity.