Garley
Bitcoin Analyze (Fib Tools & 🛑Signs🛑)!!!Hi, we saw a great bull🐮 rally after the price was able to broke an important resistance line. what will happen next?
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
I tried to use some Fib tools for finding the next movement and resistance and support zones on this post. I think that Bitcoin dump again. maybe you are asking why ?! I can see some Signs of Reversal . let's check these Signs .
🛑 Sign 1 : if you pay attention to lines of Fib Speed Resistance Arcs, you can see, when the price touched lines for the first time on a rally, the price has started to reversing from them (🟦 Blue Rectangles 🟦).
now price is close to one of these lines✅
🛑 Sign 2 🛑: Point D of Bearish Gartley Harmonic Pattern will appear around 57260$ & TRZ ✅
🛑 Sign 3 🛑: seems, Bitcoin is running in Ascending Channel from 28800$ until now. Now Bitcoin is near the upper line of our Ascending Channel and resistance lines and Fib channel's line (Fib 100%) == probably Bitcoin will react to these lines ✅
🛑 Sign 4 🛑: we have Divergence (RD-) between Price and MACD until Now✅ 👇https://www.tradingview.com/x/dN925ydm/
🛑 Sign 5 🛑: on-chain date: Global open interest is 10.98 billion USD (a little dangerous), probably exchanges will get up and dump 🧐
Resistance zones & Suppot Zones on Bitcoin's way :
Resistance Zone : 57280$ until 56700$
Support Zone 1 : 47100$ until 45450$
Support Zone 2 : 41340$ until 40530$
My Suggestion : you can follow my Fib tools lines. probably these lines will work and help us👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
High probability patterns AU 240Bearish gartley and bullish bat on AUDUSD 240. Entry on gartley at 1.272 fibonacci extension from AB and on bat at 88.6 fibonacci retracement from XA. These patterns will be traded with 2 targets, both patterns use target 1 AD 38.2 fibonacci retracement and target 2 61.8 fibonacci retracement.
VEN/BTC - H4 - Garley ParternThe Garley technical model is being formed with VEN
Section XA formed in the bull market from 2500 up to 81368 sts
Section AB adjusts 61.8% to 32400
Section BC corrects 50% to 59000
And the CD is being formed with a target of 154% of BC, and is estimated at 19,300
We recommend trading in the following trading areas:
EP: 19300
TP: 38000 (90% of profit)
TG: 49400
With garment models that require the accuracy of the price action, so you have to put stopping points just below the EP
Wish you successful trading!
GBPUSD: Gartley PatternThis is an opportunity to capture some pips on the GBPUSD in a trend continuation from a potential Gartley Pattern forming. The sterling dollar has been rallying for weeks and is no in a correction as a result of the Brexit agreement before key European summit next week has been reached between the UK and the EU.
When defining the potential reversal zone (PRZ) for a Gartley Pattern:
• B = 61.8% retracement of XA leg.
• C = 38.2-88.6% retracement of AB leg.
• D = 0.786 XA retracement.
• C point within range of 0.382–0.886 retracement.
Note: BC projection must not exceed 1.618.
• Confluence with AB=CD
• Keep your Risk to 1-2% of your investment capital
• Enter at per your trading plan
• Risk to Reward 1:2
USDCAD POTENTIAL DEEP GARTLEY LOOKING AT THE DAILY WE CAN SEE THAT PRICE HAS BEEN IN CONSOLIDATION FOR A FEW DAYS AFTER A HUGE NOSE DIVE AND THAT CONSOLIDATION USUALLY CREATES ADVANCE PATTERNS AND THAT'S WHAT WE WILL SEE AS WE DROP DPWN TO THE 60M A POTENTIAL ADVANCE GARTLEY FORMATION WITH A GOOD RISKS TO REWARD
GBPJPY cypher/gartley pattern Hi traders, here is big probability harmonic pattern will be formed. As you can see recently price formed nice pin bar on same entry level, as well near is border of the triangle where price is moving long time. Plus many fibo confluences.
Good luck !
Take profit and stop loss are labelled in the price chart.
GBPUSD - short setupHi traders, price for some time is moving in the triangle and i want entry short position on the upper border of the triangle, in this area is also entry price of garley pattern. Entry price is 1,24900 and sl and take profits are labelled in the chart. Let see if price will hit my entry level.
GBPJPY a outlook. Many patterns are forming.GBPJPY comes with lots of patterns. 2 gartley patterns could form, while a triangle pattern is also forming. If we can break out of the triangle, then I will be long to the completion of the BLUE gartley pattern. Here I will take my profit.
Then if priceaction comes back at structure, I'll go long until price hits D completion of the RED gartley pattern.
Shall we see a BEARISH break of the triangle, I am short.
This pair has lots of good trades! (If you like harmonics as I do ;D )
Trade with care.