The USDJPY currency pair took a nose dive over the past week due to to global trade wars currently underway. The USDJPY pair fell over 100 pips on Friday afternoon, May 31, 2019 which completed the BC leg on this identified bearish Gartley. I have also identified a bullish Gartley on the 5m-15m timeframes confirming the bulls entering the market after the massive...
Market once again went into consolidation. Let see if it will be a qualified bearish gartley pattern. I often love to plot the chart and draft an idea of what I'm waiting for. Trading can be as simple as this. I'm waiting at near the resistance(red line) to short, or near the support(blue line) to long. Let see how this trade rolls out in the coming week.
On the trending market, I'm waiting for a bearish gartley to setup within the sell zone and on the 1-hourly chart, a bullish shark has already formed up. Although it passes X if it meets your rule it is still a valid trade(only for shark pattern)
A bearish deep Gartley setup within the sell zone that give traders an opportunity to engage this bearish Gartley trading opportunity. Can't wait for this trade to set up and most likely it will happen this week or next. Watching it closely.
Price on 4H chart is "hanging" itself around point C, expect a drop soon.
A trend trading opportunity is still valid for me, having this bearish Gartley formation on EURUSD, gives a fantastic opportunity to hop in for a shorting opportunity. Why so? Point D completed within the previous consolidation which also add in a strong resistance.
A bearish Gartely Pattern is forming on the 4 hour chart and we are predicting it to complete the formation, therefore our strategy is to short the pair at the completion of the 4th leg. FX:EURAUD
Hello traders! Always, it is good to have two different plans in case things don't go your way. In the interest of that, here is my BEARISH Eth chart, and let's just say - I hope it's wrong! Now, everyone knows by now that Elon Musk, tweeted "Ethereum" but less reported is that he followed this up with "jk". Still, Eth struggles. I think the market is beginning...
Potential Bullish Shark 0.886 Potential Hidden Bullish Butterfly Advanced Formation 1272 Potential Hidden Bearish Gartley 0.786 Potential Hidden Bearish BAT Pattern 0.886 Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonacci Retracement Levels
If the price does follow and bounce off the support between .1212 and .1121, we're looking to sell after the pattern completes between .13339 and .14107. TP open. Swing trades only.
FX:GBPJPY Monthly Analysis Bearish Shark Pattern Target 0.886 Corrective Wave (ABC) Potential Bullish Gartley Advanced Pattern AC 0.618-0.886 BD 1.272 Potential Bearish Gartley Advanced Pattern AC 0.618-0.886 BD 1.272 Potential Bullish Shark Pattern 0.886 (unconvincing a-c?) Potential Hidden Bearish BAT Pattern 0.886 (Weekly Timeframe) Support and...
Market sentiment and plan: Bearish gartley pattern formation on daily chart Pattern completion point matches perfectly with structure resistance Trend is bearish On 4h chart the market is trading inside a rising wedge Bearish breakout of the wedge is a perfect signal to sell the market Initial target 0.86 Please, check my signature below!
EURGBP H4 - Bearish Gartley If you have any feedback or suggestions, please leave a comment. Thanks ;)
FX:GBPJPY The daily trendline is broken and was retested on the 1H timeframe. A possible upward movement to complete bearish Gartley or Shark pattern.
Three possible bearish harmonic patterns (Shark, Cypher, and Gartley) on USDJPY. FX:GBPJPY Small Cypher formed and was entered for TP1. Waiting for larger Gartley or Shark to from before entering for the sell.