Gartleypatern
LINKUSDT Potential Bullish Gartley to turns Bearish / FlatPotential reversal price action in a potential ending diagonal Elliot pattern corrective, plus potential bullish Gartley and AB=CD projections aiming demand zones.
The price is ranging @ upper region of a monthly Inside Bar candlestick pattern. I'm expecting the breaking of Aug '22 low to lowers lows newer targets. The price action above this level tends to ranging in zig-zags.
Anchored VWAP from the Aug '22 low is a important intraday support. Price is ranging between the upper bands 0.618-1.00 from this VWAP.
Bearish divergences on RSI and Chaikin Money Flow oscillators.
Similar pattern linked below.
XAUUSD 121 BULLISH (PATTERNS CONFLUENTS) XAUUSD has formed a 121 bullish pattern on the hourly chart formed from X: 1727.511-23 Nov 22 to D 1773.17 15 Dec 22.
The price is trading above the support area 100% AX: 1809.508, resistance level 38% AX: 1841.010
Target1
62% AX: 1861.811
79% AX: 1874.862
Target2
127% XA: 1915.055
162% XA: 1943.284
HARMONICS TRADING Hi trader happy new year,
Using the BTC chart I like to explain harmonics trading.
Has been a while since i started to write a book and I just want to put together the best information out there in one to share with u.
The BTC chart shows a gartley bearish pattern formed from Dec 2021 to Mar 2022.
The price has reached all targets the way down, remaining the 200% XA: 13725.95.
Is price hitting 200% XA: 13725.95?
I don't know based on the Gartley pattern the trade is done, however could be a probability.
I will post the PDFs below the idea so u can have a look.
Don’t get too excited too early, Bearish GartleyAlthough BTC is forming a bearish gartley that will be perfectly completed at the strong 25k resistance, It does not mean it is a “fakeout”. It actually means, it is a start of the first wave in the 5 Bullish elliot waves that will start the new trend.
SUNTECK REALTYHello and welcome to this analysis
In the monthly time frame it formed a Bearish Harmonic ABCD in JAN 2022 near 590 and since then has retraced 62% of its last leg.
In the weekly time frame it has formed a Bullish Harmonic Gartley around 315 suggesting the correction is most likely over.
It can be a good stock to accumulate between 330-370 for upside levels of 420-500-650. The view would be considered invalid below 285.
Good risk reward set up for medium to long term at the current level.
Happy Investing
Aurora Cannibis (ACB) Is the Bad Trip Over Yet ?Its hard to believe this stock has lost over 99% from its 2018 high.
Early, mid and even recent cannabis adopters have been crushed.
Was it hype, hubris or too much indulgence of the product ? Who knows .
Ours is to find a profitable trading plan with the odds in our favour.
There have been many points along the way to establish long positions, but like the product, they quickly wore off. (The most recent was this October.)
I am suggesting another such situation exist here.
The weight of evidence suggests a recent short term bottom and a long side opportunity.
Harmonically the confluence of a Gartley, Cypher and ABCD patterns should signal at least a reversal.
Additionally selling pressure may be abate once yearend tax loss selling is over.
I have clearly marked a roadmap for entry, stop and target points.
Additionally I need my or your momentum indicator to "roll up".
Once in, manage the trade.
I will follow up and advise of any action.
Not investment advice, do your own due diligence.
Peace
S.
p.s. Let the price re-challenge the $1.17 area for entry and ignore todays wide range.