XAUEUR We are going long based on the formation and completion of a bullish gartley harmonic pattern
The trend has been bullish for sometime now. We have gone long based on the trend and based on the formation and completion of the bullish gartley.
FX:AUDJPY We have gone long based on the formation of a bullish gartley
TVC:DXY Reasons for entry: 1. Trend is bullish. 2. Formation of a bullish gartley pattern.
FX:USDJPY 110.5 has acted as both very good support and resistance in the past. We expect price to bounce of the support level and continue higher. We are bullish on UsdJpy up until price significantly closes below the 110.5 region.
FX_IDC:XAUEUR We went long based on the formation and completion of a bullish gartley. The short term trend is bullish and thus we are in line with the trend.
FX:AUDJPY Reasons for entry, 1. Trend is bearish. 2. Formation and completion of a bearish gartley pattern.
FX_IDC:XAUUSD The trend is actually bearish hence this is a counter trend set up. Keep your stops tight.
First, this is a potential trade. We will have to wait for price to retrace to around 9200 in the coming weeks or days depending on the volatility. Secondly and most important, just cause we are waiting for price to reach 9200 does not mean you buy it now with targets at 9200. This trade will be invalidated if, 1. Price crosses below 5860. 2. Price stops us out...
FX:GBPJPY We went long last week based on a weekly bullish gartley. We will be watching this carefully once price gets to around 149 since that level has proved to be a good resistance region.
BITFINEX:BTCUSD We went short after the formation and completion of a bearish gartley pattern. The short term trend is bullish and thus we will keep our stops tight.
FX_IDC:XAGUSD We went short based on the formation of a bearish gartley harmonic pattern. The trend is still bearish and for this reason we are still in line with the trend. Let us see how this goes.
FX_IDC:XAUEUR We have gone long after the completion of a small bullish gartley pattern. 1025 has also acted as a good support area before. The trend is still bearish so make sure to have your stops on.
FX_IDC:EURZAR Make sure your stops are tight since this trade is against the main trend.
FX:GBPJPY Reasons for going short. 1. The swing trend is still bearish. 2. Formation of a daily pin bar which indictes buyers weakness. NB: This might take a couple of days to hit profit target. Be patient with it.
FX:EURJPY The bullish gartley is with the short term trend. We shall see how this plays out.
FX:EURNZD We have gone long based on the completion of a bullish gartley pattern.
TVC:USOIL We took this a couple of hours ago based on the completion of a bearish gartley. Entry Price: 69.06 Stop loss: 69.39 Take profit: 68.55 It is already late for anyone to enter this trade since the risk at the current price supersedes the return. But you may watch it to see how it plays out.