Actually, the trend is bull but on a closer look seems like a bearish Gartley is forming. If so, once the figure is completed on point D ( at a price close to 17800 c.a.), the cross should turn bearish. Completely missed this figure in my previous analysis where I forecasted a bull market only. It is bull but will likely exaust before the 20k level.
Bad days for EOS market price. Chceck the chart, we can see downtrend Gartley. Potential targets 6.5$ and maybe 3.0$.
I've had two trade ideas for the price of one here, not sure what the etiquette is on that so apologies if I'm not doing it right. Bitcoin has risen quite a bit today and is approaching the final point of my Gartley pattern plot. Once it hits D it's time to open a short position or two using the levels above for profit targets and stop loss.
On this pair we might see a complete Gartley pattern in to daily resistance zone giving a high probability trade, risk/reward may vary depending on your entry level.
BITSTAMP:BTCUSD I previously posted a similar idea, I have now updated the position of C and feel more confident that price will rise to D before reversing on completion of the Gartley pattern. I am publishing this as a long trade, and the TP recommended is at D price level. I will update or add a separate idea to detail the short trade that I will favour if the...
Have a bearish gartly formation in this current consolidation cluster Has pushed passed traditional entry's giving a better risk reward profile. taking 2 traditional targets Target 1 0.71072 Target 2 0.70943
Due to the aggressive moves of crypto currency, This gartley has a small chance to survive. RSO shows over bought conditions. Looking for targets at structural support.
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If price keeps moving higher, we have a bearish Gartley pattern around 18000, this should be a good place to take a short with stops above the all time highs, and targets around the 38.2 and 61.8 fib levels. Plan your trade, and trade your plan.
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BITFINEX:ETHUSD Looks like a good opportunity to enter short on Etherium, possibly a harmonic bearish gartley patter has formed. If the latter is the case we can expect a nice move towards 559 and consequently to 401 area. On the way down some sort of consolidation can be expected at the price level of point C ( 659 price level). I am entering short with stops...
A bearish gartley pattern seems to be completing soon, RSI is about to reach overbought level as well. PRZ is at a good resistance zone. R:R at 1.3 (TP1) and 2.1 (TP2). Good luck.
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Check the video for an exciting journey of 1350 pips from highs@0.8125 to 0.7532 lows & from 0.7532 to 0.7695 with all twist & turns - can we nail it with bearish Gartley in current structure below 0.7695. Let me know your comments. Do support.
There is a potential bearish Gartley pattern at EURGBP with an overall RR of 1:1.67 (if both targets are hit). The entry has had minor as well as major (daily) support and resistance in the past with multiple touches. Also there is Fibonacci confluence on the daily. SL above X (e. g. ATR based). Entry: 0.88326 SL: 0.88446 T1: 0.88173 T2: 0.88078 Good luck!
On the 4hr chart of AUDJPY a bearish gartley has formed, the D leg is still being retested...keep an eye on this pair...look for bearish evidence before entry. all the best cheers.