(BULLISH) 3 Point Retracement(BULLISH) 3 Point Retracement with Hidden Divergence and 0.382 fib confluence appearing on the hourly charts of Bitcoin
Entry: $49.500
Stops: $48.800
Break-Even: $50.400
Target: $52.900
Good luck to all trading BTCUSD!
Pesavento
ABCD preceding 61.8% retracement in price and timeBullish ABCD pattern preceding bullish 61.8% retracement in price and time appearing on the daily charts of Bitcoin.
Entry: 0.618 plotted on chart
Protective Stops: 0.786 plotted on chart
Target: -0.27 plotted on chart (reverse 1.27)
If the market reaches the 0.786 level, another opportunity to buy is presented around $33k with protective stops at the lows of $31k.
Good luck to everyone trading Bitcoin!
Bearish 1.272 ExtensionBearish 1.272 Extension appearing on a 15m chart of AUDUSD indicating a potential trading opportunity.
Awaiting confirmation before attempting to short this market with a limit order according to my predefined ways and means.
Good luck to everyone trading AUDUSD
Bearish 1.618 ExtensionBearish 1.618 Extension appearing on a 15m chart of DE30EUR indicating a potential trading opportunity.
Awaiting confirmation to sell short with a limit order according to predefined ways and means
Good luck to everyone trading DE30EUR!
Bullish .786 RetracementBullish .786 Retracement appearing on the hourly charts of dax
Buy limit pending at 15130 with stops at prior lows around 14960
Good luck to everyone trading this market!
Bearish Fibonacci ExtensionTrading Plan (extensions)
ENTRY TECHNIQUE
Visual interpretation of predefined set-up on chart (ABC)
A price movement of 61.8% measured from B to C
Pending limit order at 23.6% measured from B to C
TRADE MANAGEMENT
StopLoss: C
TakeProfit: B
Comment:
Bearish Fibonacci extension appearing on chart. Stand by for confirmation
Good luck to everyone trading USD/CAD!
Bullish Fibonacci ExtensionTrading Plan (EXTENSIONS)
ENTRY TECHNIQUE
Visual interpretation of predefined set-up on chart ( ABC )
A price movement of 61.8% measured from B to C
Pending limit order at 23.6% measured from B to C
TRADE MANAGEMENT
StopLoss: C
TakeProfit: B
Comment:
Bullish Fibonacci extension appearing on chart. Stand by for confirmation.
Good luck to everyone trading NZD/JPY!
Bearish 161.8% ExtensionTrading Plan by TraderSeb
Trading Goals:
50% Win/Loss Ratio
3 RRR
Money Management:
5% risk per trading day
Risk Management:
1% risk per trade
Trading Methodology:
Fibonacci Retracements and Extensions
Entry Technique:
1. Visual interpretation of trading methodology
2. Price movement of 61.8% in direction of trend
3. Buy limit order 23.6% in direction of trend
Trade Management and Execution:
Entry: 23.6% ABC
StopLoss: C
Target: B
EURJPY: 4hSold EUR/JPY on market open at 125.999. Congratulations sellers!
Looking at the 4h charts we see a three drives to the top up to a 0.618 retracement, completing the Gartley.
I'll be looking for liquidity around the previous support.
Good luck to everyone trading EUR/JPY!
Bitcoin: 15mBearish Gartley ''222''
Fibonacci cluster:
0.707 retracement
1.618 extension
1.00 projection
Check related ideas for more technical analysis on Bitcoin!
GBPUSD: 1DAs prices went higher than expected, I started to manually close out all my positions. It was hard and at first it made me lose sight of the main goal here.
What you see on this chart here folks is a golden triangle.
Did you know, if you take the length of any sides of the pyramids in Giza, it will always be 1.618 in relation to the half of its base length?
If you raise your arm and stretch it above your head, your very own body will then be made up of 3 golden triangles.
In a pentagon, what you have is actually 5 golden triangles, and in the middle you have another pentagon. You can keep on drawing pentagons within and you will have 5 golden triangles in each of them. This goes on into infinity, just like the Fibonacci sequence.
Good luck to everyone trading GBP/USD!!
GBPUSD: 1H''SELL MARKET ORDER''
Why sell?
Gartley '222'
Regular bearish divergence
Preceding hidden bearish divergence
High-wave candlestick pattern formation
Good luck to everyone trading greenbacks coming into next week!
EURCAD: sell market orderWhy sell?
0.618 retracement in 1.00 time
RSI hidden divergence
Rickshaw Man (DOJI) at the 0.618 ret.
Good luck to all trading CAD!
EURUSD; bearish trend continuationPesavento triangle preceding trendline break and re-test with hidden divergence confirming bearish strength
When price is trading 61.8% in the direction of trend, move stops to entry point. This will give a risk free trade.
Price objective should be the low of the triangle, with potential extension targets plotted on this chart:
Good luck to all trading EUR/USD !
GBPJPY: Head & ShouldersH&S pattern now appearing on this chart at a 161.8% Fibonacci extension coming from the Gartley pattern and the last post shared on this pair. Make sure to check out the related idea to see this idea.
RSI regular divergences can also be spotted. Break of the support neckline indicates a shift in momentum. If price break and re-test the neckline I will add more shorts. Targets are plotted on the chart.
Good luck to all trading GBP/JPY
AUDUSD - 15 minute chartI thought this chart was worth a post of its own. A Fibonacci retracement pattern is confirmed by a hidden divergence and a bearish reaction around the completion area of the Gartley pattern now followed by a regular bearish divergence on the chart.
Good luck to all trading AUD/USD
GBPJPY: Gartley 88615 minute timeframe.
A fibonacci cluster is appearing around a very psychological and major resistance level, around 137 flat.
Good luck to all trading GBP/JPY !!
EURJPY: H&S pattern formationUsing the Larry Pesavento way, I have highlighted the Head & Shoulders by using the XABCD tool.
Entry: 50%
Stops: 23.6%
Objective: 200%
Good luck to all trading EURJPY!!
AUDUSD: Potential Reversal ZoneAs most of you are aware of, i have a bearish bias on this pair. This bias comes from a bearish Gartley pattern on the daily timeframe.
This morning we can see how AUD/USD surged up, but we are currently seeing a nice trading opportunity looking to go short from these levels.
Lets see how this one plays out.
Good luck to all trading AUD/USD!!
BTCUSD: updateResistance at 7500$ a very psychological level for bitcoin short positions with fibonacci 127.2% extensions holding firm at 7484$. Price might find supply at the 50% and 61.8% fibonacci cluster around 7200$ plotted on the chart.
Here is the previous chart I shared on BTCUSD:
Good luck to all trading bitcoin!
EURJPY 4H Bullish GARTLEY PATTERN @ 122.04Hi guys,
I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk.
Back to the trade idea, it is a bullish GARTLEY pattern @ 122.04 stop loss will be placed below the X leg which we use as good support in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade.
Thank you for your support.
Trade Numbers:
Risk: 83 pips x 2 = 166 pips
Reward #1: 98 pips. R:R = 1:1.15
Reward #2: 160 pips. R:R = 1:1.9
Plan your trade... Trade your plan.
