hello dear Traders,
I'm back to give you a brand new opportunity here on CADCHF, the beautiful Bearish Gartley,
please there is no much to speak about it, so there we are looking into a history to be repeated once again.
Of course the previous Cypher pattern did work really great, and let's wait and see what this one will provide to us.
We are also going to have a retest of the down trendline which crossed the PRZ and that makes this area really strong.
1. Harmonic Patterns Completion ( Bearish Gartley@0.786XA) - CD leg it's 97% complete and waiting for the full completion ;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
I'm back to give you a brand new opportunity here on CADCHF, the beautiful Bearish Gartley,
please there is no much to speak about it, so there we are looking into a history to be repeated once again.
Of course the previous Cypher pattern did work really great, and let's wait and see what this one will provide to us.
We are also going to have a retest of the down trendline which crossed the PRZ and that makes this area really strong.
1. Harmonic Patterns Completion ( Bearish Gartley@0.786XA) - CD leg it's 97% complete and waiting for the full completion ;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
Comment:
The price is now fully testing the PRZ, let's wait and see what's going to happen.