Get started

Move

USDCHF: Gartley Pattern + AB=CD !!UPDATE: Both targets achieved, Good Trade !! UPDATE: Trade is active now !! Hello Traders, Here we have a really good buying trade setup that has both bullish Gartley Pattern and harmonic AB=CD move completing very close to one another. Another good thing about this setup is that both patterns are completing at previous structure looking left with very small stop loss. I drew in Fibonacci inversion and got Fibonacci cluster at the completion of both pattern and at previous structure. See the chart for more details. Note: Market has not finished either pattern yet. It is still a valid trade setup. Please feel free to AGREE or DISAGREE with the idea. Hit that thumbs up button (top left corner of this chart) if you like the idea. Good Luck :)
Long
by moneymaking
Anticipatory OverviewWe are sitting on a prior consolidation level (230-235). These are the possible outcomes: 235 holds, we break up, inverse H&S resolves, target 280-290 235 breaks resulting in a meassured move down to 180 Last time market retested such a major consolidation level from above, OBV was in a downtrend, thus price continued the downtrend. Rightnow we have a similar situation only that OBV is in an uptrend. This may be a hint for a bullish resolution of this situation. Also we have a tripple bottom with long wicks at this level, suggesting strong support. Large volume is required to create a convincing breakdown. Check out the charts linked bellow for more details about my bullish bias here. Cheers : ]
BITFINEX:BTCUSDLong
by MagnusTradingGroup
9