


eagle21
We see a potential bearish 2618 setup in this 15min time frame with a bullish Bat pattern formation in progress. Let watch price ation
In the smaller picture, we have a Bullish Harmonic Bat Pattern almost completing giving us a short-term buying opportunity due to bearish pressure. However, we see a potential FIB INVERSION Trade on the bearish side since the market just put in a new Lower High at the C Leg of the AB:CD Equal measured move. If price action pushes down to the KILL ZONE which is the...
Price Action just touched the neckline of a beautiful Double Top which happens to be at the 61.8% retracement level of the recent Structure Low. We anticipate a retest of the recent structure Low which will be our take profit Target.
This pair is at a tricky structure level. In the bigger picture we have a complete Head & Shoulder pattern which is very strong for the bullish side yet in lower time frames we also see two Harmonic patterns (Butterfly and Shark 2) which are powerful entry cases on a bearish perspective. If this level is broken we will see strong bullish move however if it holds...
Still on the bullish Gartley trade, as we anticipate our Target 2 at 61.8 fib level we see a retest of a bullish Head and Shoulder neckline with profit Target at a D leg completion of a Harmonic pattern SHARK 1, well lets watch if it will play out.
Lets watch price action do the needful
Price just retested the bullish trendline on the Daily chart. longed the market by a Navarro 200 harmonic pattern as my entry case in the 4hour time frame.Now lets watch
Profit Target 1 (38.2%) hit. Roll stops to previous structure and wait for Profit Target 2 (61.8%) to get hit
A great entry opportunity for those who missed previous entry., nice risk to reward
Too bad i entered late but the D Leg completed at 161.8%.. i anticipate price action pulling back to the 38.2%
Seeing its been on an upward trend this gartley setup has a high probability of hitting the targets 38.20% and 61.80%