Alexander_Nikitin
Short

GBPUSD downtrend continuation + Forex Weekly Forecast Video

FX:GBPUSD   British Pound/U.S. Dollar
Hey, traders. Welcome back to another edition of the Forex weekly forecast. Here's the video https://youtu.be/jyZvSDlGdM8
Click like and follow if you find the information useful.
Trade active: The Gartley was completed
I buy this idea..bearish bat...
Reply
This is great! I love your youtube channel. Subscribe!
Reply
Alexander_Nikitin Lucid.Trader
Yup. Hope you will find lots of useful information there))
Reply
Alexander_Nikitin Felix_Hoevelborn
In this case we'll see the movement a bit earlier))
Reply
Thank you Alex!
Reply
you are welcome
Reply
now is time to short?
Reply
There is a speech for GBPUSD at 10:30. Could it move up or down? What do you think?
Reply
I think it can move price up or down)
Reply
bunah2 Alexander_Nikitin
So, what do you think to place SL?
Reply
Before asking silly questions look at the chart, mate))
+3 Reply
moorekapital Alexander_Nikitin
Loooool
+1 Reply
I am in at 1.44075
GL Everyone.... Hope will workout well :)
Reply
Trade still active??
Reply
Mate, why don't you look at the chart?
Reply
Could take 6-months to 1 year to complete - right? ;)
Reply
Another great opportunity to execute short trade on "Cable". I took the trade. Lets see what will happen.
Reply
Yeah. Let's see)
Reply
Gartley formation needs to have 1,272 AB extension. In your case you rely only on 0,78 XA extension. This could be wrong pattern recognition.
Reply
pharaoh1st pharaoh1st
GBPUSD, 240 Bearish Gartley lines up with previous swing high
Reply
What you call to be a "Gartley formation" is a specific type of H. Gartley's W-type pattern elaborated by Tradeempowered. Who told you I am trading Tradeempowered rules? There're many other types of this pattern. One of them is called "Perfect Gartley pattern" and it was elaborated by Scott Carney. What you see on the chart is called a "Unified Gatley pattern" and it was elaborated by Mr. Alexander Nikitin. The last type of pattern was designed as a trend following technique and it aims to hit extended targets. To work good this way this type of Gartley is only used in combination with "ACS-based swing identification technique" wich was also elaborated by Mr. Alexander Nikitin. As you can see the pattern here is neither a "Harmonic pattern" of Scott Carney, nor an "Advanced formation" of Tradeempowered. It is something different.
+1 Reply
pharaoh1st Alexander_Nikitin
Nice explanation, thanks!
+1 Reply
you are welcome, mate)
Reply
pharaoh1st Alexander_Nikitin
You didn't have to make video just for me explaining Gartley types ;) (just kidding)
But still I'm appreciate your detailed explanation on this in your youtube channel: https://www.youtube.com/watch?v=VvEFAMledSI
Reply
hit the SL???
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out