I'm waiting for the Deep Gartley Pattern that completes at X, it is 1 of my favourite setup that proven to work well on the currency pairs in the timeframe I've been trading.
What're your thoughts on this setup.
AUDCAD has a Bearish Deep Gartley Pattern setup at X. I love trading at the level as it has an amazing Reward is to Risk Ratio. Traders who are looking to short can wait for a retest of the resistance level(red line) for a shorting opportunity. One thing traders have to take note is that there is a consolidation above the X level.
A bullish bat setup and completes as X surely pose a warning sign, if you head up to the 4-hourly and daily chart, at this moment the level is not within any support level.
Advantage of this trade is that it yields a very good RRR and an RSI Divergence.
What's your take on this?
Deep Gartley setup or I love to say trading at X, is a no-no for many Harmonic Patterns Traders but I have discovered that not just it yield great returns, the profitability rate is acceptable.
Pending order has been set, is your call if you are going to engage.
A bearish deep gartley setup on a trend trading trade. This setup is usually not acceptable by most Harmonic Patterns Traders as D point completion exceed X. However, in my testing this kind of setup, trading at X work out well.
A deep Gartley or I will say trading at X, having the best Reward: Risk for this setup and the beauty of it, an arrow from my Harmonic Pattern Assistance (HPA) software has the shorting arrow showed up.
What's more important are the RSI Divergence as well as a great reward:risk for this trade setup.
A pretty bold move to engage for a short trade since the GBP...
Is my favourite kind of Gartley pattern. Sell at X is what I usually says for this kind of setup. It gives me the best reward:risk it does help to boost the portfolio but the downside is that is near X so X can be violated and change of trade it just a snap.
You have to decide if this is for you, but it's definitely for me. Trade Engaged.
A Bearish Bat setup within the supply-demand zone with a magic candle which in this case may read as tweezer tops. I will go for an aggressive short when market opens on Monday, let just hope that no major gap happens.
If a gap above and close above, I will have to scrap this trade-ideas.
If a gap below and close below, I will have to wait for a retest for a...
Looking for Bat buying for based on the bullish inverted head and shoulders or a deep gartley pattern setup.
Let's see how's the trade roll up and wait for the setup for the trade.
Looking for a buying opportunity on this bullish bat setup. The bat pattern fits in on the daily chart inverted head and shoulders. It may be still too early to tell at this moment but by Wednesday this week, the sign should be clear.
Check the link to related ideas that reflect on the analysis on Inverted Head and Shoulders that I've posted a week before.
For those who are looking for trend trading opportunity, then this bearish bat is a good fit for the setup.
Counter-Trend Traders, fret not, a deep bullish Gartley setup fits in perfectly to your daily chart double bottom with RSI Divergence?
What's your trade plan for this baby? Comment down below.
As mentioned yesterday during the Facebook Live session, I have spotted this bullish Gartley pattern, the overall trend is bullish, hence this setup is a trend trading setup.
With such a market movement of strong bearish and weak bullish retracement, I expect a strong bearish move pushing price down into the tight buy zone even it will go near Point X and that...
Deep Gartley Setup at X, waiting for the candle close to see if it valid to engage the trade.
Having the candle close about the pink box the trade will be invalid.
Deep Gartley completed at X, my favourite but not for many harmonic pattern traders. It gives me a great Reward:Risk for this trade and is trading on the Resistance.
For this trade however, I will have to observe the close at Pt D, what kind of candle is that before deciding if to engage the trade.
Entry; Stop and Targets sent to my subscribers.
If you don't...
