Harmonicforex
Long Gartley Pattern GBPNZD 4HGartley pattern formed this week and got triggered in this afternoon
Previous level of resistance likely to act as support before GBP moves higher.
Entry at: 1.92124
Stop loss at: 1.90807
Target 1 at: 1.93080
Target 2 at: 1.93728
Targets will be moved to account for extension of D leg
PRZ on GBPUSD. Possibility to buyThere could be a AB=CD pattern on gbpusd that coincides with 0.618 fibonacci retracement at Daily chart. I'm thinking of a buy at that price range, but frist I recommend to wait for candlesticks formation to enter. The AB=CD is 0.382 to 2.24/2.618 and as it is not the perfect 0.382 it's logical that it's between on these fibonacci ratios. The TP is on the previous support that was broken. Do you guys have any other ideas or more confirmation? Let me know on the comments.
As always, wait for candlesticks confirmation to buy when the price is on the zone.
ICICIBANKICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Vadodara. Wikipedia
Customer service: 1860 120 7777
CEO: Sandeep Bakhshi (15 Oct 2018–)
Headquarters: Vadodara
Founder: Industrial Credit and Investment Corporation of India
Founded: 1994, Vadodara
Number of employees: 97,354 (2020)
Subsidiaries: ICICI Lombard, ICICI Securities
PRZ as Bat pattern on USDCAD to sellThere's a bat pattern on USDCAD. We sell and placed it because of bearish candle confirmation. TP on the first TP of the bat pattern. There's also an alternate AB=CD in which is the 0.782 retracement with the 1.618 projection. Do you guys have other ideas or any more confirmations? Let me know on the comments.
PRZ as AB=CD on AUDUSD to buyI decided to trade only because of the candles that it has given me at the exactly zone. We had an engulfing bullish candle. I recommend low risk as the time lenght was lower on the CD leg than the AB. Also this is going to be kind of a long trade that I'm expecting it to close the other week. What do you guys think?
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.27337
TP: 1.24278
SL: 1.29122
Bias: Short
For this instrument we can explicitly say that the trend is bearish as we do not see any short time recovery from the current situation. GBPUSD is under bearish pressure and it will continue as a lack of necessary stimulant to fight the dollar back.