UnknownUnicorn4041773

UnknownUnicorn4041773

This chart shows a bullish Gartley retesting the PRZ as well as the last lowest point. I set out 2 targets. I believe price is already showing signs of a reversal when the time frame is lowered to 4h or 1h. The S/R lines are ark blue in color and a major support lines up with the lowest portion of the PRZ giving us another signal to go long. I set my stops short...

UnknownUnicorn4041773

On the left it shows a butterfly on the hourly chart with price in the PRZ. On the left if a Crab on the hourly in the PRZ of the Butterfly. My prediction as to where the reversal is going to take place is in the PRZ of the Crab.

UnknownUnicorn4041773

So before I enter a trade I like to have multiple indicators pointing to the same thing which is why you see a butterfly in dark blue and a Bat in light blue both with converging PRZ's. I usually only trade 2 targets on daily Harmonic Patterns with a very common result of only T1 being hit. I prefer to keep my stops short since I can always reenter the trade when...

UnknownUnicorn4041773

The reason I say that the Gartley is weak is because the B reading is 0.410ish ( can't remember exactly what it was) and I usually don't accept it as a Gartley unless the number is atleast over 0.500. The butterfly is good though if the GArtley is not and price does appear to be stalling in both of their PRZ's which I colored one green and one blue. Support and...

UnknownUnicorn4041773

At the end of the larger Gartley a buttfly has formed with a PRZ that intersect that of the Gartley increasing the probability of this trade. I set out 3 profit tagets, once T1 has been reached move the SL of the other 2 positions to break even. A kind of significant support line also appears through the PRZ increasing the probability of a reversal.

UnknownUnicorn4041773

Trade what you see.

UnknownUnicorn4041773

The divergence on the stoch is shown using fat purple lines. Possible price targets are outlines in bright green. Possible Stop loss is the red line. Price is right at its most important point, at this point price action is either going to indicate a reversal in which case that is the signal to go short, or price action will move past the 1.618 retacement or the...

UnknownUnicorn4041773

This chart has a really good divergence, shown by the purple lines. Targets 1 - 3 are the green lines 0.382, 0.618 , and 1.00. Stop loss is the red line. The price reversal zone or PRZ is the blue rectangle. Wait and watch price action in the PRZ and if there is a clear reversal in the PRZ then go long and the three green lines as target. Often it never hits the...

UnknownUnicorn4041773

Divergence is in purple and might be nothing at all. Targets are in bright green and stoploss is in red. PRZ is the blue rectangle. Once a reversal is confirmed IN THE PRZ then place the trade short. I spend hours daily finding tradable Harmonic Patterns and I post them to here because I want my work to help more than just myself. IF you like this then thumbs up...

UnknownUnicorn4041773

Divergence is the thick purple lines. Price targets are t1-t3 in light green. Stop loss is 0.786 in red. I'm a little late to post this but it is looking like price is going to reverse, it is respecting the resistance predicted by the harmonic pattern. I spend hours daily finding tradable Harmonic Patterns and I post them to here because I want my work to help...

UnknownUnicorn4041773

PRZ is in rectangle, only trade it if price action indicates a reversal in the PRZ/blue rectangle. Very slight, slight divergence on the Stoch. I spend hours daily finding tradable Harmonic Patterns and I post them to here because I want my work to help more than just myself. IF you like this then thumbs up it and follow me.

UnknownUnicorn4041773

The rectangle on the drawing is the PRZ, if price action shows sign of reversal in the PRZ then expect price to drop to the 0.618 in bright green or T2. I don't expect T3 on this one. I spend hours daily looking over charts, mapping Harmonic Patterns, if you'd like to use my work to find harmonic patterns then like and follow me.

UnknownUnicorn4041773

If price turns in the PRZ based on where the trendlines land I wouldnt expect price to go further than target 2 I.E. 0.618 line that is lime green on the chart.

UnknownUnicorn4041773

Watch price action once it hits the PRZ that I have indicated with the rectangle drawing. There is also a divergence of the stochastic. If price action shows a reversal in the PRZ then trade long and I would suspect price hitting the 1.00 target or target 3.

UnknownUnicorn4041773

Price hit the PRZ and reversed rather quickly, but the 25% gain today may not be a reversal since price never hit the AB=CD 1.00.

UnknownUnicorn4041773

Ive been wrong a few times on the formation for EDZ but I'm sure this is my final post. A near perfect Gartley has formed with price reversing right at the AB=CD 1.00 projection and a near perfect 0.618 point B. Right now would be a good time to enter the trade since price is retesting the PRZ. I'm trading this one.

UnknownUnicorn4041773

pretty straight forward.

UnknownUnicorn4041773

Price is very close to the PRZ, it's possible that it's reversing already but with Bats it's best to wait until the 0.886 retracement of XA is hit before entering the trade.