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Deepgartleypattern

GBPUSD-Weekly Market Analysis-Jan22,Wk2Compare to EURUSD, the GBPUSD Bearish Deep Gartley Pattern isn't as promising. There are 2 reasons for that: 1) The candle break and close above Point D, the PRZ. 2) Point BC has a violation. You can DM me on the reason for the violation and I let you know if you are on the right track. However, if you are a 4-hourly chart trader, you can wait for candle confirmation to engage a counter-trend trade not because of a Double Top but a retest of previous high with RSI Divergence.
Short
by RaynLim
NZDUSD - Bullish Deep Gartley @ XI know, I know... Lots of Harmonic Traders will not take this trade. But personally, I've tested this particular formation for more than 5years and it works perfectly for me so I'm going to take it. Deep Gartley Pattern at X is my favourite setup as it gives 1 of the best reward:risk ratio which happens to be the top 3 filters in my list. Combo with long shadow candles and counter-trend level off the daily chart became the best setup I could find. I've made my decision within seconds when I spotted this setup. Trading doesn't require you long hours starring at the screen and waiting for it to hit target or losses, you just let it run and set an alert at the right place. These became easy when you have a good coach that teaches you how to and where to. Check out my signature at the bottom
Long
by RaynLim
2
GBPUSD-Weekly Market Analysis-Dec21,Wk1If you had watched the video analysis, you would have seen how the wick of the candlestick touches the Bearish Parallel Channel and reverse. That's when you know you have plotted the trendline or channel accurately. Within this 1-hourly chart, from X to A leg, there is an AB=CD Pattern hidden within the setup. Are you able to spot it? This is a quick check on your proficiency in the Harmonic Patterns. 1.3377 Is the completion of the Bearish Deep Gartley which happen to complete within the sell zone of both the 1-hourly and 4-hourly chart. It is a great opportunity for a trend trading opportunity.
Short
by RaynLim
GBPUSD - Type2 Bullish BatA Type 2 Bullish Bat Pattern completed at 1.3420. Why is it important to know if it is a Type1 pattern or a Type2 pattern? Well, a Type 2 pattern simply means that the Harmonic Pattern has reached Target1(at the minimum), this means that some of the traders who were on it, has already got off the ride, lesser traders in that direction means weaker movement. You have to be able to accept that the movement might be slower than the Type1 setup and the movement may even go against you. Of courses there are other indications that would suggest if it is a good idea to engage it and I've used those filters, all is left to do is a candle confirmation at the completion price. If the market reverse from the current price, we could expect a Bearish Deep Gartley Pattern complete at 1.3503. This is also a Great Zone to short the market because the Price Action Traders may hop on the bandwagon and the structure trader may head in for a short at the Resistance as well.
Short
by RaynLim
3
AUDCAD - Bullish Deep Gartley @ XA Bullish Deep Gartley Pattern complete at X might be a Harmonic Pattern that traders may forego. Well, for me this is 1 of the best setup as I got the lowest risk possible and highest return. And to make things even better, I've engaged a single target short with 2unit when the candle break and close outside of my channel as a potential bearish flag formation. In a way, this trade is risk-free for me. If you decide to engage the trade, you have to observe how the candle react when it approach this region.
Long
by RaynLim
EURJPY - Bullish Gartley PatternThe Deep Bullish Gartley Pattern on the 4-hourly chart happens to complete at the same level as the Deep Gartley Pattern on the daily chart. If you had missed the 1st trading opportunity, this might be a second chance to engage in the trade on this counter-trend setup. For trend traders, there is a red slanted line, and that is known as the trendline. It was the same trendline you can see from the link within the tradingview post below, resulting after the market has broken and closed below the sideways consolidation.
Long
by RaynLim
USDJPY-Weekly Market Analysis-Aug21,Wk1A Bullish Deep Gartley Pattern is about to emerge on the USDJPY 1-hourly chart. If you are a support and resistance trader, you might be looking for a buying opportunity at 109.41. What's more important is to wait for the candlestick confirmation before engaging on that trade. There is at least 1 harmonic pattern on each timeframe I'm trading at, the 1-hourly chart, 4-hourly chart and the daily chart. Are you able to spot all of them? Share your analysis on the comment box.
Long
by RaynLim
USDJPY-Weekly Market Analysis-Jun21,Wk4A Bearish Deep Gartley Pattern has formed, for those who had missed the trade, don't stress up. It is possible that the market can retrace 37pips in the coming Monday for a second chance entry. A break and a close below 109.93 increase the strength of the bearish movement, hence, the winning rate for traders who had engaged in this counter-trend trading opportunity. This time, my student has a different view as mine, give him a like if you share the same view as he does.
Short
by RaynLim
GBPUSD-Weekly Market Analysis-Dec20,Wk5On 16Dec, we have identified the ABCD pattern during our live session and right now, we have a Bearish Deep Gartley pattern that forms up within the consolidation zone of the ABCD pattern. No doubt, this is a counter-trend setup, it is a stronger setup then the week before as there is more indicator line up to support the pullback trade. The aggressive trader can wait for the pullback of 1.3580 to short the market, the conservative trader can wait to engage the market at 1.3608. For me, it depends on the candle formation at that level.
Short
by RaynLim
GBPUSD-Weekly Market Analysis-Nov20,Wk1Base on the Fundamental Analysis, I'm still bullish on GBPUSD, although the Technical Analysis doesn't show a prominent setup of such. On the 1hourly chart(link at the bottom), there was a bullish bat pattern setup and the market check-back, just that it did have a break and close below X which can be a concern for traders who are looking for buying opportunity. On the M15 chart, we do have a Deep Gartley Pattern which completes at X. Although for the setup to complete it will most likely break and close below the trendline, the only attraction it has is that it produces a Great Reward is to Risk Ratio.
Long
by RaynLim
FCPO TRADING: 143) A POSSIBLE DEEP BULLISH GARTLEY PATTERNhi, this is haidojo trading and the number is 143...consolidation breeds advanced patterns...likewise, now we might face a possible deep bullish gartley pattern...it is compatible with the formation of the "neckline" in my previous analyst...don't aim high on this one...even if it works, it will just rise back mildly...not that kind you wanto hold for swing trade...nor mid-term period... for the bullish gartley pattern, buying range frm 2650-2560...Stop-loss below that range...tp 2685...no extended target... higher resistance : 2750 immediate resistance : 2710 lower support : 2560-2605 the possible neckline for "head-and-shoulder" WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FCPO1!Long
by HAIDOJO_trading
FKLI TRADING : 98) continuation of trade 93this is an update of the previous deep bullish gartley pattern...haidojo here, this is trade 98)... current support right at 1587...it might hit D leg completion later ranging frm 1567-1560...let's see how it goes... IF you dun trade advanced pattern, stay away...this is a counter-trend trade...and the 1st tp is 1587, SL can be made a few points below 1560... for more info, pliz look at trade 93...I will put it down in the link below...gud luck and gud trading... WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FKLI1!Long
by HAIDOJO_trading