Possible gartley but still need to wait. We need to see candle close near the last wing of the butterfly. If it happens we will look for bearish activity and go short till the gartet given.
It is not shure but this could be bullish butterfly. Look for buy entry in the area of the blue line the green one is take profit use wise risk managment also RSI is in overbought so bulls might push the market up a bit before the next drop Wait for buy signals like rising star or engoulfins. What do you think ?
Because of the upcoming payrols in 30 40min i predict a drop of around 100 pips. Reason for this is because the payrols will probably come out possitive as in the US the unemployment is verry low from a long time. Another reason is that the dollar had lost a lot of value recently and i think its time for correction also the weekly chart is overbought and is...
Hello i saw that there could be potential Gartley pattern bearish pattern but first it needs to finish the last piece. If i am correct the price should go to the green line. The other pieces are correct with fibonacci levels so i think that it is going to happen. Risk-Profit reward is verry good 15 20 pips risk with around 60 profit. Blue is entry line red is SL...
We can see a bullish gartley patern. That is just finished we are waiting for a signal to go in trade. Blue is entry point red is SL and green is TP
There is a nice formed bullish gartley butterfly wich is complete. Now we havto only wait for a signal to go for long. Make your entry around the blue line but wait for conformation !! SL is red line TP is green one
We have a bearish divergence on the weekly chart. As for H1 we can see impulse corection and we are at the begining of the new impulse now. The corection stops at 76.4% from fibonacci and we expect the new impulse to reach the negative -27 from fibbo. SL is 50 pips and TP is 115. Blue is entry red is stop loss and green is take profit. Share your thoughts :)
We can see a bearish strong divergence wich i think will happen. What do you think target 1 is 60 pips if you want to be a little bit more risky go for 2nd target. Share youre thoughts
We can see strong bearish divergence on the H4 chart. Risk is low and the gain is very high. Wait for conformation falling star or big bearish candle or fractal for local maximum. I think it is logical for correction after such a big impulse. What do you think ?