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Gartley

Elliott Wave + Gartley Harmonic: Why Bitcoin May Correct Soon!?Bitcoin( BINANCE:BTCUSDT ) has shown strong bullish momentum over the past week, climbing nearly +10% and testing key resistance zones . Several fundamental and technical factors fueled this rally. Key Drivers of the Rise: ETF inflows – Significant net inflows into spot Bitcoin ETFs boosted demand. Macro uncertainty – U.S. government shutdown risk and weaker job data supported risk assets. Monetary policy – Expectations of softer Fed policy improved market sentiment. Derivatives impact – Options expiry, high OI, and short squeezes added upward pressure. Exchange outflows – Lower BTC supply on exchanges signaled accumulation. Positive sentiment – “Uptober” narrative and bullish analyst targets lifted confidence. ------------------------------------------- Now, if we look at the Bitcoin chart in the above timeframes from a technical analysis perspective , we can see the following: First of all, let me say that the rally that Bitcoin has had over the past 7 days has NOT been accompanied by high volume, and this is not good news for Bitcoin to create a new All-Time High(ATH) . Bitcoin is entering a Heavy Resistance zone($124,474(ATH)-$117,900) and is moving near the Potential Reversal Zone (PRZ) and Cumulative Short Liquidation Leverage($122,120-$120,823) . In terms of Elliott Wave theory , Bitcoin appears to be completing a microwave C of the main wave Y . One of the reasons I saw the waves as corrective , other than the microwaves, was the low volume of Bitcoin in the past 7-day rally . If we look at the Bitcoin chart from a pattern perspective , the important Bearish Gartley Harmonic Pattern is also well and standardly defined on the chart, such that point D in the PRZ can be completed. The Gartley Harmonic Pattern is the most important pattern among the harmonic patterns . I DO NOT expect a new ATH formation for Bitcoin in this rally due to the above reasons, and I expect it to at least decline to the Support zone($114,820-$113,180) . Note: Important prices to watch for if Bitcoin reverses (in order of importance of volume): $118,400-$112,700 Note: You should note that these days, Bitcoin has a higher correlation with the SPX500( SP:SPX ) index than before, so if there is a sudden movement in Bitcoin, one of the reasons could be a sudden movement in the SPX500. Educational Tip : The volume of each candle is considered to be the identity and credibility of that candle, and you can find these candles with the help of volume candle charts. Cumulative Long Liquidation Leverage: $118,583-$118,000 Cumulative Long Liquidation Leverage: $116,652-$116,000 CME Gap: $111,355-$109,915 Stop Loss(SL): $125,00(Worst) Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analysis (BTCUSDT), 8-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
41
EURCAD: wedge at the top with bearish divergenceThe EUR/CAD pair has been trading within an ascending channel, but the 4H chart shows a rising wedge pattern, typically a reversal setup. Attempts to sustain above 1.64 have failed so far, while the CCI indicator shows a series of bearish divergences, highlighting weakening bullish momentum. Technically, the likelihood of a decline after the wedge breakout is high. Initial targets lie at 1.6260, followed by 1.6080, and deeper at 1.5780. A retest of the broken level (re-entry) is possible before the downward move accelerates. From a fundamental perspective, the euro remains pressured by weak macro data and a cautious ECB, while the Canadian dollar is supported by stable oil prices and a firm Bank of Canada stance. This divergence in fundamentals strengthens the bearish case. It’s a classic situation where the market tempts traders into expecting a reversal, but confirmation is still required. As always, emotions aside — we wait for clear signals before acting.
Short
by InvestWorld_777
The Gartley at play? EUR/USD making a move...I have been building short positions since end of June/early July based on my original trade idea (which is still open) ....However, I noticed a potential harmonic pattern on the weekly about 3 weeks ago and this strengthened my conviction to keep and add additional shorts when we consolidated around the 1.1800+ price zone. Although I am a chart pattern trader, I'm not a traditional harmonic trader but certain price action stands out to me and this looks like one playing out. If this does qualify as a Gartley in play, I noticed in past patterns that when the B - C leg is shallow, the price tends to exceed C and eventually A,...BUT when the B to C wave is lengthened, price tends to drop and stall half way of the pattern before continuing the ultimate trend (In this case Bullish). I'm still looking for my original target zone of 1.1200 - 1.1100 and if we do trade there, I will be looking for long positions as I believe the DXY (U.S. Dollar) is going to get hammered in early 2026. I'm not sure what the fundamental catalyst will be but looking at the long term charts, this seems like a strong possibility. This will set up a nice 1000+ pip trade for the EUR/USD Bulls. To avoid getting too ahead of myself, I'd be looking at the first hurdle right now which is 1.1500 and stay capped below 1.1750 - 1.1800.
Short
by InternalTraderNYC
3
AUDNZD: Bullish Continuation + Gartley Pattern ComThe AUDNZD is giving us a unique trading opportunity where we can combine a harmonic pattern setup with a trend continuation play. 🔹 Price recently broke through a key structure level and printed an inside doji bar, a strong sign for potential bullish continuation. 🔹 Dropping down to the lower timeframes, we also have a potential Gartley pattern forming—one that can be traded as a standalone setup, used as an entry reason into the continuation move, or even both. This type of scenario offers traders flexibility: you can trade the pattern completion, the trend continuation, or a confluence of both for added confidence. Please leave any questions or comments below. Akil
Long
by Akil_Stokes
EURJPY Pattern Bracket: Dual Gartley Setups Ready to TriggerThe EURJPY has been in consolidation recently—great news for harmonic traders, since that type of price action often leads to pattern formations. In this breakdown, I’ll show you two potential Gartley patterns setting up on either side of price, creating a pattern bracket scenario. ➡️ I don’t know which way price will break as we start the trading week, but the beauty of this setup is simple: If price moves higher → one Gartley pattern comes into play. If price moves lower → the other Gartley takes over. Either way, I’ll have a high-probability trading opportunity on my radar. Please leave any questions or comments below! Akil
by Akil_Stokes
EFIH -EGX30 - great fundamental , low risk EGX:EFIH - timeframe 2 hours A Bullish Gartley pattern was identified as follow: entry around 12.15 ( prices now 12.10 ) stop loss 11.85 ( 2.25% potential loss ) first target 12.90 ( 6% potential profit ) secund target 13.50 ( 11% potential profit ) MACD showing a positive diversion that may support our idea Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:EFIHLong
by tfcgeorge
NIFTY Intraday Levels for 17th SEP 2025 & SWING PointsMarket Analysis: NIFTY 50 Index is currently showing Bullish sentiment as it moves within an Ascending Channel (in Daily Chart ), indicating a potential upward trend continuation. Though formed Bearish Harmonic Gartley Pattern havimg PRZ Near "25345 - 25395" Zone , signaling profit taking at any point of time on Above mentioned zone.. Indicator & Oscillator Short Analysis: "The price is above the 50-period moving average, suggesting a positive momentum. A Bullish MACD crossover further supports the upward movement, providing additional confirmation for potential buying interest. Major Support levels Shifted from lower level near 24750 - 24850 to at 25110 - 25090 and 25000 , while resistance levels at 25345, 24395 and 25418 mark . # "WEEKLY Levels" mentioned in BOX format. ^^^^^^^ Plot Levels Using 3 Min, 5 Min Time frame in your Chart for Better Analysis ^^^^^^^ L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above. L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias. L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt HZB (Buy side) & HZS (Sell side) => Hurdle Zone, *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature) Rest Plotted and Mentioned on Chart Color code Used: Green =. Positive bias. Red =. Negative bias. RED in Between Green means Trend Finder / Momentum Change / CYCLE Change and Vice Versa. Notice One thing: HOW LEVELS are Working. Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry. 📢 Disclaimer I am not a SEBI-registered financial adviser. The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research. "As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
NSE:NIFTY
by DSKF16
ORHD - EGX30 - Critical point , high risk EGX:ORHD - EGX30 - Timeframe 2 Hours Prices achieved the minimum target for Head and Shoulders pattern at 21.30, Moreover now prices Formatted a Gartley bullish pattern as follow: - Entry: 21.45 (current price: 21.30) - Stop loss: 21.16 (potential loss: 1.35%) - First target: 22.41 (potential profit: 4.45%) - Second target: 23.00 (potential profit: 7.60 %) This is not investment advice, only my analysis based on chart data. Consult your account manager before investing. Thanks and good luck.
EGX:ORHDLong
by tfcgeorge
CCAP - good opportunity, normal risk CCAP - EGX30 - Timeframe 1 day Format a Gartley bullish pattern as follows: - Entry: 2.45 (current price: 2.39) - Stop loss: 2.35 (potential loss: 5%) - First target: 2.73 (potential profit: 10%) - Second target: 2.98 (potential profit: 20%) Important notes: 1. Activate the stop loss if it is triggered, as there are lower entry levels for this pattern (down to 1.75). 2. Prices may rebound from this point. This is not investment advice, only my analysis based on chart data. Consult your account manager before investing. Thanks and good luck.
EGX:CCAPLong
by tfcgeorge
GARTLEYDOGE/USD (4H) – Bullish Gartley at D (Reversal → T1/T2) Quick summer check-in while I sneak some downtime: DOGE just printed a clean Gartley-style completion and buyers are reacting at D. 📌 Pattern Overview Pattern: Gartley (Bullish) Asset: Dogecoin / USD Timeframe: 4H Bias: Long from D/PRZ on confirmation and structure reclaim 🔑 Key Levels X: 0.1956 A: 0.2549 B: 0.2176 (shallow retrace of XA) C: 0.2427 D (PRZ): 0.2078 (confluence with XA fib + AB=CD symmetry) Target 1: 0.2493 – 0.2606 (≈ 61.8%–78.6% of AD) Target 2: 0.2933 – 0.3165 (≈ 127.2%–161.8% extension) 📐 Technical Confirmation BC retrace ≈ 67% of AB, CD ≈ 1.27–1.41 × BC into D. Confluence at 0.207–0.210 forms the PRZ; first bullish reaction printed. Structure pivot to watch: 0.224–0.226 (break/hold confirms momentum). ⚡️ Price Action & Trade Setup Plan A (confirmation): Wait for a close above 0.224–0.226, buy the retest → T1, trail remainder toward T2. Plan B (PRZ fade): Scale in small on holds within 0.208–0.212 with a tight stop; add on higher-low + pivot reclaim. 🧠 Market Sentiment Choppy, but dip-buyers active near structure lows; holding above D keeps the recovery path open. 📊 Next Potential Movements Upside path: 0.226 → 0.235 → 0.249–0.261 (T1), extension toward 0.293–0.317 (T2) if momentum broadens. Pullbacks: 0.214 / 0.210 are spots to defend for higher-low continuation. 🛡 Risk Management Invalidation: clean close below 0.2078 (D); conservative invalidation below 0.1956 (X). Stops: just under 0.205 (aggressive) or < 0.195 (structure). TP: scale at T1, trail to T2; move stop to BE after ~1R. 🚀 Conclusion Gartley completion at D is holding. A firm 0.224–0.226 reclaim unlocks T1 (0.249–0.261), with room toward T2 (0.293–0.317) if buyers keep control. “Patterns set the map — discipline drives the journey.” @TRADECHARTPATTERNSLIKETHEPROS.
EASYMARKETS:DOGUSDLong
by TradeChartPatternsLikeThePros
ARVA - many patterns give one target - Amazing EGX:ARVA timeframe 1 hour Entry around 4.10 Stop loss at 3.75 (10% loss). Targets at 5.50 and 6.00 (up to 44% profit). Hourly chart shows a triangle pattern and bearish Gartley pattern. Daily timeframe also indicates a bullish pattern with the same targets. MACD and RSI support this analysis. Note: This is not investment advice—only my analysis based on chart data. Consult your account manager before investing. Good luck!
EGX:ARVALong
by tfcgeorge
1
US Crude oil Spotits neo wave alternative count for wave 1 of wave C in lower degree and it wave C of Wave 2 or Wave A let see. Earlier posted little different wave 1 count and wave 2 count for wave C let see which one fit as in progress . In both case near $67 is invalidation point. Also bearish gartley and other harmonic pattern developed which I shown in charts in previous post. I am not SEBI registered analyst and its not buy , sell and hold recommendation and having position in it in mcx.
CFI:WTI
by ManishDamani663ab2f2a8cf4dde
XABCD Hey awesome traders! Hope you’re enjoying a well-deserved holiday. Quick summer check-in: GBPAUD just completed a clean Bullish Gartley into the PRZ, and buyers are reacting at D—poolside or beach, plan it, execute it, manage the profit. 📌 Pattern Overview Pattern: Gartley (Bullish) Bias: Long from D/PCZ on confirmation and structure reclaim 🔑 Key Levels X: 2.08178 A: 2.10047 B: 2.09003 C: 2.09821 D (PRZ): 2.08540 PCZ: 2.084 – 2.087 (XA 78.6% + AB=CD/BC 1.27–1.618 confluence) 📐 Confirmation Triggers First reaction off D printed. Stronger confirmation: reclaim/close above 2.0900 (B pivot). Hold of higher-lows inside 2.084–2.087 keeps the setup valid. ⚡ Trade Plan Plan A (confirmation entry): Wait for close > 2.0900, buy the retest. Targets: 2.10293 – 2.10707 (T1 zone). Trail once price clears 2.100. Plan B (PRZ fade, smaller size): Scale in on basing/higher-lows 2.084–2.087. Add on 2.0900 reclaim. 🛡 Risk Management Invalidation (aggressive): clean close below 2.0854 (D). Conservative invalidation: below 2.0818 (X). Stops: under 2.084–2.085 (tight) or under 2.0815–2.0820 (structure). Move stop to BE after ~1R; partials at T1. 🎯 Targets & Path T1: 2.10293 – 2.10707 (≈ 78.6%–100% of AD). If momentum persists after T1, look for continuation legs toward prior swing supply.
Long
by TradeChartPatternsLikeThePros
EGCH - great opportunity but be carful EGX:EGCH timeframe: 1 week Identified a bearish Gartley pattern with: - Sell point: 11.00 - Targets: T1 at 9.55, T2 at 8.52 - Stop loss/rebuy: 12.00 However, prices may still rise if the weekly RSI closes above 70. Currently, MACD and RSI show no negative signs, and EGX30/EGX70 are reaching new highs, suggesting potential upward movement. Disclaimer: This is not investment advice; consult your account manager before making decisions. Good luck. Update idea: Ad
EGX:EGCHShort
by tfcgeorge
MPRC - Announce your seriousness about raising pricesEGX:MPRC timeframe: 2 hours Identified a bearish Gartley pattern with: - Sell point: ~36.00 - Targets: T1 at 34.30, T2 at 33.00 - Stop loss/rebuy: 36.60 If prices close above 36.60, the next resistance at 37.33 (1.618 extension of XA) could serve as another sell point. All data is on the chart. The MACD shows a negative signal, supporting the bearish outlook. Meanwhile, EGX30/EGX70 are hitting new highs, which might push prices higher. Given the multiple scenarios, adhere to stop losses or rebuy points to protect profits and minimize losses. Disclaimer: Not investment advice; consult your account manager before acting. Good luck.
EGX:MPRCShort
by tfcgeorge
Gold what is next ?!!TVC:GOLD timeframe 1 day is forming a potential triangle pattern, which could lead to a bearish setup. The MACD and RSI indicators are positive, supporting this outlook. A close above 3400 would further confirm the idea. Targets: - T1: 3600 - T2: 3730–3800 Stop loss: 3100 Support: 3300–3260 Consider opening a long position now, with confirmation above 3400. Disclaimer: This is not investment advice, only an analysis based on chart data. Consult your account manager before making any decisions. Good luck.
VELOCITY:GOLDLong
by tfcgeorge
1