Gartelypattern
Fibonacci Retracement on ShibaInuCOINBASE: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.
Harmonic Gartlay Pattern for traders can apply on any time frameThe “perfect” Gartley pattern has the following characteristics:
Move AB should be the .618 retracement of move XA.
Move BC should be either .382 or .886 retracement of move AB.
If the retracement of move BC is .382 of move AB, then CD should be 1.272 of move BC. Consequently, if move BC is .886 of move AB, then CD should extend 1.618 of move BC.
Move CD should be .786 retracement of move XA
SILVER (XAGUSD) - big ABC correction (GARTELY) in completitionCorrelating 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.
GOLD (XAUUSD) - Possibile GARTELY PATTERN or ABC CORRECTIONSo, 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.
AUDUSD going short after GartleyHi 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?
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.
GBPCAD Possible Gartley Patternstill 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 retracement from A to D leg, at the .382 level, 2nd target .618 level.
Constructive comments/criticism appreciated :)
Safe trading