A trend trading opportunity setup once again on GBPAUD chart. The bearish Gartley has already in a valid state for a selling opportunity but I'm just not comfortable for such a strong bullish candle close before market close on Saturday. I would need more confirmation for this. This trade decision will definitely be an epic 1 for me as it either is a great call...
Hey Traders, If you analyze this pair on the hourly you would notice that we have recently had a violation of structure, with that said we are unable to confirm a bearish bias till we get that 123 move. However, if price action rallies than there is a trading opportunity to short this market at 0.68367 using an advanced pattern strategy called the Gartley. For...
A bearish Gartley setup for a shorting opportunity as a trend trading opportunity in the coming week. If this is a go, most likely is happening on Monday then any other days.
Within the double sell zone, forms a bearish deep Gartley and its only valid if Pt C touches 1.1006. Harmonic Patterns there are minimum 8 rules to it and an extension to 15rules if you are very conservative traders that will increase your winning rate but affect your profits as some of the trades you may miss. Or you can simply wait to engage a short within the...
ADMA FAILED TO BREAK RESISTANCE. THIS ALSO HAPPENS TO BE A BEARISH HARMONIC GARTLEY PATTERN WITH DECLINING STOCHASTIC, RSI AND VOLUME AT THE END OF A KEY FIBONACCI CYCLE. PREVIOUS REPEATING STAIRWAY PATTERN SUGGEST'S PULLBACK COMING (SYMMETRICAL) . LOOK FOR APPROXIMATELY 618 RETRACEMENT FROM RECENT TOP (RESISTANCE). DISCLOSURE : I AM LONG ADMA, I MAY BUY/...
USDCHF potential bearish gartley pattern around 0.9940 will be a good area to short SL : 0.9980 TP : Follow arrow
A bearish gartley spotted on the $SPX again, with an entry at approximately 2927.20 and a stop loss above 2939.08 (point X). I'm a bit more hesitant about this harmonic pattern due to the fundamentals of restored optimism of China wanting to make a deal. Awaiting more clarity following the tariffs going in place on September 1st. Any thoughts on the current environment?
This is my old Trading Plan. I am a big fan of trading with harmonic patterns. There are various patterns which fall into the “harmonic” group, but this is one of the oldest recognized harmonic patterns – the Gartley pattern. (IMO) THIS IS NOT AN INVESTMENT ADVICE !
Bearish Gartley completed on the Hourly Chart. Price reaction can be witnessed in the PRZ. Short levels initiated. A nice AB=CD within the pattern as required.
This is my Long Term corrective scenario.
Nasdaq index might be Bearish Gartley Pattern , Now is possible D-leg .
Confirmation of the speculation on the pair.
Bearish Gartley & Bearish Bat as described on the chart
This idea gets invalidated very quickly if we lose the C position and go lower but I think traps are being laid for both bears and bulls with a bearish gartley potentially taking us up to 12200 areas hurting many bears on the way up before euphoric bulls get heavily dumped on all the way down to 8500. As I said, this idea gets invalidated quickly but if we start...
EURUSD is still on the bullish run on the daily chart. A bearish Gartley pose a counter-trend trading opportunity. On the 1-hour chart, it does form a buying opportunity for traders who are looking for aggressive entry.