The hourly trend is bullish and thus our bullish gartley is in line with the trend.
TVC:USOIL Price has just broken through the 71 resistance region. (We will confirm this once the daily candle closes significantly above the area.) A significant close above that would indicate bulls' strength and thus it would not be advisable to take the sell trade. Our ideal scenario would be for price to hit our entry point,72.61, and then reverse and form a...
NZDUSD A couple of things to point out on this one. 1. We have the formation and completion of a bullish gartley pattern. We can't really say if its in line with the trend since that is one hell of a gartley. 2. There is a strong resistance area between 0.68 and 0.69. It has acted as both support and resistance for a couple of years now. There are three...
KRAKEN:XRPUSD There is a minor support at 0.5 which we expect to hold. Its also a round number and thus many trader's stops will be around that point. We are going long after the formation of a bullish gartley. The fact that the trend is bullish add up on our long set up. Let's see how this plays out. As always keep your stops tight, anything can happen.
DAX The German Index has been playing out well as predicted in our membership forum. We should be expecting a slight retrace and then a continuation for price to reach our take profit. Risk averse traders can move their stop losses to break even.
FX:EURGBP The trend has been bullish for a while now. Our bullish gartley is therefore in line with the trend. Let us see how this will play out.
COINBASE:LTCUSD We have gone short based on the formation of a bearish gartley. Be careful with this trade. The dollar has been losing ground for the past couple of days. Make sure to keep your stops tight.
FX_IDC:XAUUSD We have gone short after the completion of a gartley harmonic pattern. The trend has been bearish for a while and thus we are in line with the trend. Entry at 1207.4 Stop loss at 1210 Take profit at 1198.2
FX:AUDUSD Reason of entry: Main trend is bearish and completion of a bearish gartley pattern.
EURCAD Entry, Stop loss and take profit levels are on the chart.
USDCAD This might take a while to complete and even a longer while to reach profit target (Hopefully) We will be going long due to three factors. 1. The trend is bullish. (It is always nice to be in line with the trend) 2. Support level at 1.28 (Which is also a whole number and thus adds strength to the support.) 3. Formation and potential completion of a...
GBPUSD We went short based on the following. 1. The trend is bearish and thus our trade is in line with the trend. 2. We have just hit a daily support and resistance area. 3. Formation and completion of a bearish gartley pattern.
FX:EURJPY We have just gone short based on the formation and completion of a bearish gartley.
FX:EURUSD 1.15 has in the past acted as a good turning point for EurUsd. It has in the past acted as both support and resistance. All this considered, there is a big possibility that EurUsd will retrace back up to 1.17. Our market sentiments are hereby bullish until price significantly crosses 1.15 and preferably a daily bar closes below 1.15.
NZDUSD We Have just gone short based on the following factors. 1. The trend is bearish and thus the trade is in line with the trend. 2. Formation and completion of a bearish gartley harmonic pattern. Let's see how this plays out.
NZDJPY We have just gone short based on three reasons. 1. The trend is bearish and thus our trade is in line with the trend. 2. Formation and completion of a bearish gartley harmonic pattern. 3. Formation of a 1 hr pin bar indicating weakness Make sure to have your stops on. Anything can happen in this market.
USDJPY The 110.5 is a key support and resistance area. We were to go long as long as price didn't close significantly below the area. Our bullish sentiments have increased after the formation and completion of a bullish gartley. The yen though seems to have opened up the day in strength so make sure to have your stops on.
FX:NZDJPY The trend has been downwards for sometime now so our set up is in line with the trend. We are now waiting for the completion of the formation of a bearish gartley pattern.