Pending Bullish Gartley pattern
Entry: At completion of D 0.786 fib of XA ( 1.15790 )
Stoploss: Below X ( 1.15230 )
Tp: 1.16600 / 1.17000
If price reaches the 1rst tp we move stoploss
at breakeven to second position
Price has completed a bearish Gartley pattern. Willing to trade it with a great risk/reward ratio and since placing stops above X point requires a larger risk, I am considering trade price action in its PRZ. This way aiming for the 0.382 and 0.618 fib retracements of the AD wave we do have two great positions with risk reward >4:1
RSI is overbought - a good ...
After a very active day yesterday the markets were a bit slow for me today. Maybe it was the amount of people watching Mexico blow their group lead to Sweden, only to be saved by S. Korea defeating Germany. Talk about upsets! Anyway, as we ventured off to look at a few pairs outside of my portfolio in the live room this morning, I came across this opportunity on ...
Hey, traders. Today on the EURUSD hourly chart we have a very interesting situation. We have an advanced Gartley pattern forming on this chart. This pattern alone is a very accurate pattern. But, today we have this bearish pattern completing while the market is in a downtrend. This gives an even better chance of success and also gives the ability to possibly take ...
Hey traders, just thought to post up these 2 cypher patterns which have formed on GBPAUD for those who trade these patterns/pair and possibly missed these.
As always if we break the C leg on the RED Cypher and close beyond a 1.414 Fib Ext from XA legs this pattern becomes invalid. If either patterns go past the X legs then also these become invalid. Depending on ...
Bullish Butterfly according to my rules on GBPJPY
Figurative targets and SL - trade your own plan
Hit the like button if you found this chart interesting
good day traders I hope everyone is doing well
we got here. a solid opportunity to short on a bat pattern text book short example
followed buy a long to keep up with the trend line
the targets and the stop loss as per the chart showing
happy Pips hunting for everyone
a potential bullish unified gartley is setting up on gbpusd. I will look at 60M timeframe to search for reversal signals within the buy zone when it completes. BOFORE IT COMPLETES NO ACTIONS ARE TAKEN.
Hey guys, here we have a bearish gartley pattern in USDJPY, we will be taking a short above the 110.85 area, only if we have a confirmation to take the trade. I will keep you posted.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Potential bearish bat with completion at around 0.6980's area for a short position and an overlying bearish cypher with completion at around 0.7020's area which is the Stop loss level for underlying bearish bat.
Hello traders,
We have an almost at market Gartley comleting, just a couple of pips short of my entry, but that is okay, no need to worry about that. I wanted to keep you updated on my potential trades, so here you go.
More info on the chart.
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Good trading everyone!
Here is a potential bat advanced formation on h1/h4.
The D completion is near structure resistance, you can wait for candle confirmation/reversal, depends of your trading profile.
the stop can be 113% XA fib.
We have been seeing a strength in the dollar lately, so any opportunity to short the pair is welcome. So for my first strike, I am eyeing a possible Gartley Pattern as entry reason on the 15 min chart for 2 targets, one at a retest of the A leg and one all the way down to the 1.19400 level.
