Gartely
EURGBP > Gartley at Structure !Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.
Analysis of #EURGBP
Provided us a Gartley at the structure we could have missed the entry on this one but it can come back and give another chance to enter
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
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Before trading our ideas make your own analysis.
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
GBPCHF > Where to sell & buy?Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.
Analysis of #GBPCHF
Simple harmonic pattern showing two potential trade entry
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
USDCHF > WHERE CAN WE SELL ?Hey, friends👋 Support this idea push the like button, leave me a comment below that will help me a lot 😉.
Analysis of #USDCHF
Price could break structure and go for the upper line resistance, still too early but if goes thee we would have, harmonic pattern ABCD, AND deep Gartley x leg complete around trend line resistance and previous structure looking left
still early though but better get ready
Thanks for taking the time to read my idea and supporting me 🤝
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
GBPCAD - Harmonic PatternsThe first harmonic pattern in the picture, which is bearish gartley (the letter W, pink), we can see the price fell around 70% retracement of the projected height of foot C to D. Maybe for moderate traders, they will target the profit on foot C (100%), then ... Yeah, the price touched that level.
The next harmonic pattern, which is bullish gartley (letter M, blue), prices even went up more than 100% retracement of the projected height of foot C to D.
The third one, bearish chyper harmonic pattern (the letter W, gray color), the price is currently falling 50% of the projected height of foot C to D. On it, we see a smaller harmonic pattern, which is bearish butterfly, which in this pattern the price is falling already 100% of the projected foot height C to D.
Overall in the picture, we can conclude that the existing condition is sideways. In sideways conditions price can move anywhere irregularly, but within the limits of the lowest support and highest resistance.
I predicted that price would continue fall to the lowest support point based on price action that is formed. From the candle side, we can see the dominance of the bearish followed by strong liquid volume. In terms of the third harmonic pattern, the price is still in the position of 50% retracement, the target can be 100% in a sideways condition.
Note: I don't give buy and sell signals. All my posts are just ideas. If you want to apply, do your own analysis first, make sure it matches your analysis. If not, then just trash this idea. So that you won't disappointed and blame the other party when everything does not fit the analysis .
Relax PLEASE! Everything’s fine.As you can see, from Feb 2019 to now there is a lot of good patterns in #bitcoin chart. Today it reached between 5500$ and 6000$ that there is a very good zone for supporting. Firstly, I illustrated a Bullish Gartley Harmonic Pattern over the period Feb 2019 to now. Secondly, there is a wonderful descending channel and I'll expect to touch it in swing low tomorrow. If the descending channel goes down, I think we will have a terrible disaster for Cryptocurrency Market. But it may interest you to know there is a MA 1500 as a perfect supporting near the channel.
In conclusion, I have a strong desire for increasing bitcoin price in the near future.
GBPUSD Buy opportunity at Gartley pattern.It would be right to reach point 0.786.
entry: 1.129875
SL: 1.29494
TP1:1.30741
TP2:1.31262
EURJPY: potential BEARISH GARTELY (1hr chart) is almost completepotential reversal D point completition at 121.086
GOLD - Intraday multiple small patterns - 15min chartAfter the closing of the small bearish BAT (the small red one) and got a nice short without any loss.
Now is forming a bullish Gartely for a long entry .
Let's see.
GOLD - BULLISH giant GARTELY into D/4hr is formingCould we see for real the reversal point at the D point?
EURGBP, 30. Unified GartleyA potential unified gartley is setting up. Below is the best (to my mind) way of trading it based on my market research.
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.3-0.4XA
C-point: 0.8-0.9AB
Entry(limit order):0.7XA
Stoploss(stop order): 0.9XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 13/00/00
Total patterns found: 30
Number of winners: 21
Average winner: 9.9 pips
Probabilitiy of win: 70%
Average RR: 0.85
R-expectancy: 0.2972
CADJPY BUY OPPORTUNITY GARTLEY + DEMAND ZONEReasons for my analysis:
1) Close to ideal Gartley harmonic pattern as shown on chart, current price reversed at exactly Gartley's ideal D point.
2) All JPY group currency pairs correlating with JPY weakness (fresh) (including USDJPY;AUDJPY;EURJPY;GBPJPY;CADJPY)
3) Strong buying force (Demand Zone showed a big bullish candle)
4) Double bottom W shape with V formation
Here is how I would take this trade:
Spot 79.88 level (Fibonacci 0.618 retracement), entry with price action
Stop Loss (SL) around or below 78.7. The reason I don't like SL at 79.12 is because some time (not always) the volatility may spike you out before it goes into your favour. So I have left some room for my factor of safety.
Target around 81.8
I will post Gartley Harmonic Pattern on a separate education post.
You may also spot AUDJPY I think its also a potential good pair to trade
Good Luck
Steven
NZDUSD finished a Gartely on Daily, time to LONGGood afternoon everyone.
Another pattern that I just found on NZDUSD, a finished Gartely
with profit target at
Target 1: The level of point B.
Target 2: The level of point C.
Target 3: The level of point A.
Target 4: E (161.8% of AD)
Happy trading and green pips everyone.
GBPUSD BEARISH!DOUBLE TOP FORMED
GARTLEY PATTERN FORMED
HIT 50% FIB LEVEL
CURRENT MARKET WENT ABOVE PERVIOUS HL
Gartley patter forming on the 4HR EURAUDJust coming off of a profitable Gartley pattern. I saw this one forming right behind it this morning. I have placed two limit sell orders at the completion of the D leg.
Gartley Pattern forming on AUDCADAnother nice advanced pattern formation forming on the AUDCAD on the 4HR chart. The D completion is targeted to complete just above the range support structure. This may create some buffer for the price to continue to move down and test structure. Therefore, must ensure stops can cater for the possible move down. Stops are below the range. Must ensure orders are within a 1:1 ratio or greater for trade to be valid.
AUDUSD Harmonic Gartley Pattern Analysis and StrategyA Gartely Pattern is forming on the 4 hour chart and we are predicting it to complete the formation, therefore we are trading the 4th leg of the pattern. Our strategy will stay valid as long as price stays above .0753, but a recent break of the yellow trend line has already gave out strategy confirmation. FX:AUDUSD
