in NZDCAD we have to need more evidence for long positon Bullish Gartley Pattern is strong evidence for buy but we have to wait for some more evidence for long
COINBASE:SHIBUSD Fibonacci Retracement on COINBASE:SHIBUSD suggests that a possible bounce back is expected from 0.00001272 till 0.00001388. After that a massive short position may take place till .00001000 after which a bullish rally may seen.
Short idea from Harmonic Pattern. Would like a hit at that daily level . Then a sharp entry at the retest.
BTCUSDT formed a bearish gartely patter on 4h Waiting to short as we know harmonic patterns are 90 %accurate
Falling Wedge Pattern (refer to candlesticks pattern for 21/4Q) The Bearish Gartely Pattern The Bullish AB=CD Pattern (The Alternate 1.27AB=CD pattern if the trend reverses @ 21178.31.)
As you see... After Tp1 move position 2 to BE
Before completing the pattern You can sell and TP1 is : 1.1010 TP2 : 1.0990 and sell loss is : 1.1130 After a downtrend when the pattern completed we can have a bullish trend . Tell me your ideas and GOOD LUCK. 😊😊👍
Short setup based on Gartely Pattern completition.
Correlating the moves and the count with GOLD chart, we might are close to the completiton of a big Gartely Pattern (and ABC correction in terms of EW counts). So the red rectangle would be the short are to try to hold for a potential huge move down.
So, we are again in a giant correction and probably we will rest into it untill post elections (middle November?). What i see as possibility now is a slowly drop to 1880 - 1855 area, then from there a rise up to al least 1955. So a strategy atm would be to hold the sells untill 1880 and close them from there to 1860 and then try a buy to 1955.
The formation of the Gartly pattern is an opportunity to enter a short position after the price action signal that produces an evening star. The RSI and the Stochastic Confirms that the Market are overbought.
Hi Guys This close to gartley pattern has been completed since last week but market movement was very ranging past few days..creating a channel.. IF ollar goes stronger....it will soon break the channel down and continue the breakout pattern to the first TP or maybe more... Just some educational info..what do you guys think?
We have a decent Gartley setup here. Price has already given the reversal signal as we have an ending diagonal which can be confirmed by RSI divergence. Trade cautiously and wait for confirmation before looking for entries.
Good 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.
Next week take a look at the currency index forming a possible gartley on D1, the rules are strict, wait for the price to reach blue zone and wait for confirmation candle stick, before selling to our targets. trade well OMFOREXHELP
If the downside continues, potential target noted in chart.
AUDNZD 1 hr Pattern Bearish Gartley forming. Good luck!
still learning. * This is my view, and is not meant as advice for others to trade! let's see if price goes down to end somewhere in the C leg zone and also maybe bounce off the support line. Going long at this point, is a mildy aggressive trade, but might be rewardable on it's way up to the D leg reversal zone. Once, if, at the D leg, short to 1st target; fib...