Dow Jones Industrial Index - Sketch Long Term - Tough Market!Dow Jones Industrial Index - Sketch Long Term - Harmonic pattern. Without Monthly, Weekly, Daily levels. Be interesting to draw these Support resistance levels for confluence. My idea.
Gartleypatern
IBM ... Small bumps ahead ?Since mid-October IBM has produced a nearly 35% gain
This would appear to have traced out a bullish impulse wave (1-2-3-4-5)
It has also created a possible Wolfe Wave top with a short term downside target of $143-$144.
Additionally one could envision two harmonic patterns in development.
In the shorter term which a Gartley pattern supports the WW thesis.
The longer term a Bat pattern supports the 1/3 retracement scenario of the October move.
With an eye on the Fed's actions next week and broader equity markets I would be looking to sell IBM price strength with a tight stop should be breach recent highs.
I will follow up if I feel a short position is warranted.
As usual this is not investment advice, so do your own due diligence.
S.
EURUSDHi traders, watch EURUSD with your own according strategy and look for a short position opportunity for a short term trade setup GOOD LUCK.
USDCAD ADVANCE HARMONICS PATTERN USDCAD an advance harmonics pattern on its hourly chart.
The price is trading above the entry level
EL 1.36571
SL1.37101
TP1 1.35627
TP2 1.34770
TP3 1.33414
BTCUSDT - Channel and Gartley with Support Resistance LevelsWoohoo! That was fun! Channel supports and intersections, so much juicyness going on. Levels align for an absolute blinding (accurate and great) Gartley. No one knows the future, so just an idea that aligns technically. I particularly like the fact that the Harmonic C level is a retest of the descending parallel channel (red).
Natural Gas goes Gartley!Natural gas show somewhat gartley harmonics pattern, indicating a subsequent bull-run. Buyers should wait for rejection of a subsequent bearish ABCD pattern before going long.
ZUARI AGRO CHEMICALSHello and welcome to this analysis
On daily time frame it is forming a Bullish Harmonic Gartley that has its potential reversal zone between 148-143.
Accumulate in that zone with 135 as stop loss for upside potential targets of 170/190 and ATH
Good risk reward set up from medium term prospective.
BTC/USDT - Bullish & Bearish Gartley - Daily TimeframeBullish & Bearish Gartley combo on daily. 0.618 and 0.66 fibs from Oct-Nov 2020 to recent high of the range at 25K. Fibs omitted from drawn Gartley patterns. Monthly, weekly, and daily support/resistance levels also omitted to not overcrowd the chart.
SPX - 1D Green - Falling wedge resistance steeper than support
Yellow 0.382 fib resistance levels from swing lows (left) to high (right)
Blue/Purple 0.618 fib retracement levels for possible areas of support ( * would be good to include weekly, monthly and/or daily supports for confluence, but would crowd the chart)
Yellow diagonal possible resistance - breaks Green falling wedge (actually not sure why thats there, I think should we break above 0.382 would serve as possible resistance, 0.618 support, hmm)
Grey - Possible gartley harmonic - big time frame accuracy based on macro less probable
Grey dash - fib markers
BTC/USDT - Monthly - Break Resistance Upside - Bearish GartleyPossible Bearish Gartley should we break 0.382 (17k) resistance to the upside.
NZDUSDHi traders, NZDUSD is setting up for a short position opportunity watch price to come around our mentioned pattern completion area and look price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
EURUSD H4Hi traders, EURUSD i am expecting from price to come around our mentioned area and looking price action on the top for a short position opportunity GOOD LUCK.
USDCAD H4Hi traders, USDCAD is setting up for a upside move i am expecting from price to come around our mentioned pattern completion area and looking price action for a long position opportunity, if price break 1.39753 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
AUDUSDHi traders, AUDUSD is setting up for a downside move if price come to our mentioned pattern completion area then i will be looking price action for a short position opportunity on the top, if price break 0.61713 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
AUDUSDHi traders, AUDUSD is setting up for a upside move watch price action and look for a long position opportunity.
Trade with your own according strategy GOOD LUCK.
USDCADHi traders, USDCAD is setting up for a downside move i am expecting from price to come around our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
EURUSD H4Hi traders, EURUSD is setting up for a downside move expecting from price to come our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
EURUSD H4Hi traders, EURUSD is setting up for a downside move i am expecting from price to come around our mentioned pattern completion and also a third touch of trendline area and looking price action on the top for a short position opportunity, if price break 0.96320 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
EUR/USD:SELL Gartley Pattern Resistance Stoch+RSI OverB. SHORTEUR/USD in the last session has recovered power by the last news releases against the USD dollar. Now the price always inside a bearish channel in a strong downtrend forms a Gartley Pattern where the D point, the entry point, is placed in confluence where there is the Dynamic trendline of the channel and the 200 Moving average. The stochastic is in an overbought area same as the RSI that show also a divergence. Our Idea is about a new Push-down in the direction of the main trend.
NZDUSD H1Hi traders, NZDUSD is setting up for a short term upside move i am expecting from price to come around our mentioned pattern completion area and looking price action on the bottom for a long position opportunity.
Trade with your own according strategy GOOD LUCK.
EURGBPHi traders, EURGBP is setting up for a downside possible move watch price to go our mentioned pattern completion area and look price action on the top for a short position opportunity if price break 0.85786 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
USDCADHi traders, USDCAD is setting up for a downside possible move i am expecting from price to go our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
Bearish Gartley pattern on DAXExpect a push towards 13100 region and then down to 12500 and maybe 12300 region.
