Get started

Gartley

BRETTUSDT: Bullish Breakout or Breakdown? Key Levels to Watch!Yello Paradisers! Could #BRETTUSDT be setting up for a major move? Or are we in for a surprise shakeout? Let’s break it down! 💎#BRETTUSDT has successfully completed the formation of a Bullish Gartley pattern on the 4-hour time frame, a strong indication of a potential reversal. After trading below a key support level that flipped into resistance, the pair has now reclaimed that resistance zone, transforming it back into support. 💎If the pair respects this flip, probability of a move higher, targeting several key resistance levels spotted at 0.081 then next resistance level 0.0884 (dependent on increased volume) and upon strong sentiments and volume we might be seeing the pair at strong Resistance 0.09596. 💎However, if the pair fails to hold the flipped support zone, the next support level to watch is 0.06747. A candle close below this level would invalidate the Bullish Gartley pattern, potentially leading to further downside. 💎The stakes are high—watch how price action develops around these crucial levels! Will BRETTUSDT respect the flip and head higher, or will we see a breakdown to lower support? As always, Paradisers , trade smart and stay patient. The market rewards those who stick to their strategies and wait for the highest probability setups. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
AUDUSD M15, Intraday TradeI just shorted AUDCAD, Bearish 5-0 Pattern on the 1-hourly chart, and now AUDUSD on this Bearish Gartley Pattern. It seems like the Australian dollar may have a bearish movement for the next couple of hours. If you have been following, you should know I don't usually trade on the M15 chart, but this one has an upsize trade component. What is an upsize trade? An upsize trade is a trading setup that allows me to stretch my final target to the next pattern completion. It's a Trade Management skill that I've used for years. Before using it, You must be very familiar with the product and strategy.
Short
by RaynLim
Is ONDOUSDT on the Verge of a Major Breakout?Yello Paradisers! Is #ONDOUSDT gearing up for a significant move? Let's break down the current situation and what could be ahead for this pair. 💎#ONDOUSDT has been forming a classic Bullish Gartley pattern, with the D leg now completed, signaling a potential upward move. This pattern, combined with the pair's strong support zone around 0.65978-0.64278, suggests a bullish probability. Historically, this support has been respected, adding weight to the possibility of an upward movement. 💎As the price sits directly on this crucial support after the formation of the Bullish Gartley pattern, the stage is set for a potential rally. If the support holds, we could see the price heading towards the minor resistance at 0.69182. 💎Should the bullish momentum continue, expect ONDO to face a more substantial resistance level at 0.719 and even stronger resistance at 0.77. However, keep a close eye on the volume. A surge in volume could be the key to breaking these resistance levels. 💎But remember, the pattern becomes invalid if the price closes below the X leg and the support at 0.64278. A break below this level would signal a potential shift in the current bullish outlook, so stay alert! As always, trade smart, Paradisers, and make sure to keep your risk management in check! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
2
Fetch AI Gartley PatternFetch AI (or ASI, depending on Binance's ticker update) has been in a consistent downtrend from its peak at $3.48. It appears in a bottoming range, forming a classic Gartley pattern. Key Levels to Watch: Immediate Test Levels: The price will likely test the $1.00 - $1.18 range soon. Accumulation Range: Any pullback to the accumulation zone between $0.70 - $0.94 would present a strong buying opportunity. Targets Upon Breakout: Target 1: $1.76 Target 2: $2.41 Target 3: $3.10 Risk Management: Stop Loss: Set at $0.50 to manage downside risk. A close above the downtrend line will confirm the breakout, potentially driving the price towards the T1 and T2 targets. Keep an eye on any pullbacks into the accumulation range, as these could provide optimal entry points for a potential upside move.
by TechChartMark
buy at zone - intraday / swingENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level ( intraday tgt) - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred target ) 2. SL - candle close below (PRZ) - if u didn't get confirmation inside the zone , ignore this pick - if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK - RE-ENTRY can be done , if u again get buying confirmation inside the zone
NSE:UBLLong
by rajeevmmails
Unfolding Patterns in Gold: Bullish Gartley and Bearish CypherGood day traders, It's been a while, and I trust everyone has been doing great. Permit me to share my thoughts on the Gold market and the potentially unfolding patterns I am anticipating. In the current gold market, I have identified two potential harmonic patterns that may be unfolding. The first and larger pattern is a potential bullish Gartley pattern. The X leg originates at 2286.83, and the A leg peaks at 2483.74, establishing the impulse legs. The B leg appears to have completed at 2365.915, corresponding to a 61.8% retracement of the XA leg. At the B leg, the price seems to be finding support. If this support holds, I anticipate a rally towards the 2430-2442 region to form the C leg. Subsequently, I would expect a price drop, provided it is indeed a Gartley pattern. A decline below 2341.540 would invalidate the Gartley pattern formation. The second and smaller pattern is a potential bearish Cypher pattern. The X leg began at 2483.74, and the A leg seems to have completed at 2383.930. The XA leg was retraced by less than 50% Fibonacci at 2413.715, forming the B leg. Currently, it appears that the price is finding support at 2365.915, which could potentially be the C leg. If this support level holds, we might expect a rally towards the 2430-2442 region, confirming the larger Gartley pattern. If the Cypher pattern is valid, we could see a further rise in price towards the 2471.64 and 2480.00 region to complete the bearish Cypher before a subsequent drop. A drop below 2363.655 would invalidate the potential Cypher pattern formation. It would be best to wait for a break above the 2384.518 price region in order to allow the market show commitment to move higher. This could provide additional confidence in the outlined outlook. Please note that these patterns may not be formed eventually. Cheers and happy trading!
OANDA:XAUUSDLong
by Samuel124
6
USD/CHF Bearish Gartley Pattern Indicates Potential DowntrendThe USD/CHF currency pair is forming a Bearish Gartley Harmonic Pattern, signaling potential downward movement. This pattern is aligning with a key resistance area, adding further confluence to our bearish outlook. Key Resistance and Trendline Confluence: Price action has shown a strong rejection at a key resistance level, which coincides with a downward trendline and the 78.6% Fibonacci retracement level. This confluence of technical indicators strengthens our bearish sentiment for the USD/CHF pair. Entry and Stop Loss: Given the current market conditions and the formation of the Bearish Gartley Pattern, our entry point is set at 0.89442. To manage risk, a stop loss is placed at 0.89864, slightly above the resistance area to account for potential market fluctuations. Take Profit Levels: We have identified three key take profit levels based on historical support areas and Fibonacci extensions: TP-1: 0.89020 TP-2: 0.88598 TP-3: 0.88176 Analysis Summary: The alignment of the Bearish Gartley Harmonic Pattern with the key resistance area, trendline, and the 78.6% Fibonacci level provides a high-probability trading opportunity. The rejection at these confluences suggests potential bearish momentum, making this a suitable trade setup with well-defined entry, stop loss, and take profit levels. Traders should monitor the price action closely around these levels to adjust positions as necessary.
Short
by trading_jupiter
2
NZD/CHF Bullish Gartley Pattern Suggests Uptrend PotentialBullish Gartley Harmonic Pattern Formation: The NZD/CHF currency pair is currently forming a Bullish Gartley Harmonic Pattern, indicating potential upward movement. This pattern is aligned with a significant support area, reinforcing our bullish outlook. Key Support and Trendline Confluence: The price has received a strong rejection at this key support level, which coincides with a critical trendline and the 78.6% Fibonacci retracement level. This confluence of technical factors strengthens the likelihood of a bullish reversal. RSI Divergence: Adding to our bullish sentiment is the RSI divergence observed on the 4-hour time frame. The RSI is showing signs of divergence, suggesting a potential shift in momentum in favor of the bulls. Trade Setup: Entry Point: 0.54125 Stop Loss: 0.53460 Take Profit Targets: TP-1: 0.54790 TP-2: 0.55455 TP-3: 0.56120 Conclusion: Based on the alignment of the Bullish Gartley Harmonic Pattern, key support area, trendline, 78.6% Fibonacci retracement level, and RSI divergence, we anticipate a potential bullish move in the NZD/CHF pair. Traders should consider entering at the specified entry point with the given stop loss and take profit targets for an optimized risk-reward ratio.
Long
by trading_jupiter
GBPUSD Sideways Consolidation and Potential Breakout MovesGBPUSD is currently in a sideways consolidation on the 1-hourly chart, presenting a potential for an expansion move or breakout in the coming week. Should the market break out to the upside, there are two potential shorting opportunities to consider. Analysis: - Sideways Consolidation: GBPUSD is in a range-bound phase on the 1-hourly chart. - Potential Breakout: Watch for an expansion move. Shorting Opportunities: Traditional Resistance Level: - Level: 1.2662 Strategy: Look for Magic Candle Confirmation around this resistance level to enter a short position. Bearish Gartley Pattern: - Completion Level: 1.2677 - Strategy: Monitor for the Bearish Gartley pattern completion and confirm with bearish signals to enter a short position. Strategy: - Monitor Breakout: Pay close attention to the price action for a breakout, should the market breakout to the upside, there are 2 resistance level you have to take note. Shorting Levels: - 1.2662: Traditional resistance level. - 1.2677: Bearish Gartley pattern completion. - Confirmation: Ensure to look for confirmation signals (such as bearish candlestick patterns or other technical indicators) before entering a short position. - Risk Management: Use appropriate stop-loss levels to manage risk, and not risking more than 1% of your equity. - Stay alert and be ready to act on these potential setups. What’s your take on GBPUSD? Do you see any other potential setups or insights? Share your thoughts and strategies below!
by RaynLim