Spotted this as a counter-trend trade, target and actual entry posted in private groups.
Hi everyone, Yesterday i posted an analysis for the GBP/JPY. It did not hit our buy order, so no loss or profit was involved. Otherwise, it hit our target. So lets go to this successful trade that i made. So as you can see there is a bearish Gartley pattern. I entered the trade when the D hit the 78.6% retracement, which it did. It hit my target very quickly :)...
Hey guys, back on the charts this week! Today I am looking at a bearish Gartley position on the cad-yen. Oil has been rallying since June last year and is currently at a point of making a higher low. Should this turn out to be a level of resistance rather than just a higher low then we may see further decline for the value of the Canadian Dollar. Furthermore we...
I will be updating CADJPY ideas. Follow me and check the related ideas below to learn more details. Good luck.
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.
a potential unified gartley is close to completion. keep an ey at reversal signals within the sell zone.
If price breaks out of descending triangle, short the kill zone. Targets at .386 and .618. I doubt the market gets that high before falling further but it'll be a nice setup if it does.
a potential unified gartley patterns is close to completion. I will be looking at reversal signals to enter long within the buy zone.
a potential unified gartley is setting up on gbpaud. i will be looking at reversal signal within the sell zone to enter short. NO BUY HERE in anticipation if the pattern will complete. I have absolutely no clue if it completes or not. I only act after the signal appears in the sell zone. Before that - no trades.
On the 4hour chart a bearish gartley has formed on the GBPUSD. There was an extension of the D leg, and it might extend a little before dropping. I believe this is a good place to place short position. Look for bearish evidence before taking this trade. Cheers
a potential unified gartley is setting up. i will be looking at reversal signals within the sell zone.
No wild-eyed predictions here folks, just observations and ideas... maybe, just maybe, we got topping action and what looks bearishly like a head & shoulders triple top in Dow with textbook Hanging Man today and the appearance of another bearish Gartley forming, with left side completed. IF price action confirms this pattern, then the downleg to trendline will be...
imo reasonable target is between 9995~10575 till the end of the month, if target is reached expected retracements are the 9200 and 8200. keep in mind if there is strong bull momentum we can break the 10.5k lvl and extend the wave to ~12.5k
FX:AUDUSD spotted bearish gartley pattern, waiting to test PRZ. If PRZ is respected, take the trade and aim for the TP point at between AD retractions of 0.236 and 0.382
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Beware of the news over in a few hrs -- !!! Dangerous late entry !! However, we have a Gartley! Point B - price retraced XA, closed at 0.618, candle wick not beyond 0.786 Point C - then price retraced AB, closed bw 0.618 & 0.786 Point D - then price retraced extended AB up to 1.272 zone 20 pips SL, two trades TP at .382 & 0.618 respectively Total 100...
Bitcoin is currently consolidating between the resistance and support line. After observing Bitcoins behavior we can make the following observation(s): - Bitcoin's price bounced when RSI hit oversold condition on the daily. - Bitcoin's daily MACD crossed right after it tested the support line several times. We can spot the start of a possible Bearish Gartley...
OANDA:NZDUSD Bearish Cypher and Gartley on NZD/USD 0.23% . Price testing 61,8 fib. Cypher on Blue and Gartley on Green