Gartley play in progress..0.382 level -2670 area is on the cards. Happy trading :)
NATGAS bounce from Mid term support area of 2.80. Going to play it for 2.9+
Gartley on USOIL - Lets see if this plays out. Short position started today.
Bat Pattern on the SPX 30 min chart. Expecting to pull back to the 50% retracement line
Possible BAT Pattern playing out on GOLD. The A-B retracement measurements make it highly probable. The topping pattern at point B definitely signal a reversal here making it the start of the B-C wave.
USDWTI - BAT formation on the 1 hour Chart
BAT Pattern near completion on USOIL/USDWTI. AB = CD completed. Started building short positions on Crude Oil.
Gartley pattern forming on Natural Gas. Expecting price to reach 3.04 - 3.08 area to complete B-C.
Retracement wave A-B was 50% of Impulse wave X-A. B-C was 61% of wave A-B. My feeling is that we have concluded B-C and we have started C-D. C-D should take us to minimum 78% which would be the $50 levels.
Bat pattern on NatGAS - Targeting 38% retracement
Bat pattern completed on NZDJPY - target retracement at the 38% Fib
BAT pattern on the SPX completed. Waiting for a back test of point D. Target would be the 50% retracement which should complete the gap fill at 2428.
Gartley pattern completed on GOLD, retracement underway
BAT Pattern completed on Natural Gas, retracement underway. Targeting 50 fib retracement of A-D.