usdcad pair gives bearish gartley , we can short from here ...
I'm not a Crypto trader at all, but if you follow my work then you know that I like to stay sharp by performing technical analysis on random charts. (Which is a very good exercise that I recommend by the way). Here on bitcoin is a potential Bearish gartley pattern. Typically I don't pay any attention to these pattern until price approaches the "B" leg, but I...
Going long after a breakout at 85.807 level to 89.066 level
US 30 traded below Tuesday high of 25888, closing 98 points lower than 8/21 high, failing to confirm Sand P new alltime high on 8/24. The zig-zag pattern is evident on chart. I marked this one as a more complex ABC structure as a 5 wave reaction (ABCDE) is evident in A wave. Combined with bearish Gartley pattern confirmed 8/21, this latest rally attempt looks...
Traders, my bearish colleagues have persuaded me to take a second look at this channel flag. What I found is beary scary. For months now US 30 have been in correction charting a rising channel. My alternate Elliott wave analysis suggests this is an ABC large-scale correction and the Bear Flag is a long, strong B wave, nearing completion in August. For the...
I think this will occur, I want to wait for a nice candlestick signal.
Normal Reward:Risk classify this under Class C Trade, also known as everyday affair trade.
bearish gartley pattern 1H TF wait to see some bounces on potential reversal zone (PRZ).
Have a bearish Gartley formation on the daily lets see how this plays out
EURUSD is forming a Symmetrical Triangle Pattern it can go bearish
The 15-min chart of EUR/AUD has formed a bearish gartley pattern. The pair is facing resistance at point D and we expect the pair to be bearish and move to support levels of 1.57381.
Look at that, almost a bat. Love my rules to be tight and precise. If in doubt, don't trade.
Bear Gartley that hit TP1, very good setup and this could only trigger of Sell Limit was set.
The price is going to touch top of the channel and complete Gartley pattern, it seems good to take a short position for this pair. it's good to see some bounces in this area and then looking for a short position.
On the 4hr chart NZDCHF a bearish gartley has formed. This is a good opportunity to place short positions on the pair. Use proper money management.