What seems to be a perfect Gartley setup, completing right into previous structure.
USDCAD is nearing the completion of a bearish Gartley pattern. The PRZ falls inside of a significant S/R zone, adding to the probability of a reversal at those levels. With a potential upcoming rebound in oil this could provide a nice entry for a larger bearish move toward the missed pivots sitting below price (see related ideas). This would of course depend on...
Silver is in consolidation. Leading direction is still downside so it's better to get involved in short position. Sell if price complete the bearish Gartley which could be very next to upper "consolidation" trendline and .618 fib retracement of the beginning consolidation swing. Potential Reversal Zone in the chart
Let's make a case for getting short here with Silver/Dollar on based on the techicals. Like most 60 minute traders, I use a 4 hour high time frame for the support/resistance lines to be drawn. We see a Gartley pattern completion nearing the 14.00 even handle which has acted as previous structure in the past. There's also a 1 to 1 measured move completing in...
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Anything is possible! I'm looking for confirming signals before getting involved! 75+ pips to downside...Good Luck!!! KEEP THE RADARS UP!!!
Looks like we could go either way here. Still a way off, but these are on my radar.
Possible Short NOTE: SAME PATTERN ON AUDJPY ALSO!!! 40+ pips to downside if this plays out...good luck!!! KEEP THE RADARS UP!!!
Bearish Gartley is completed in USDCAD and it´s time to think going short (or staying out). Risk/reward in this is pretty good. You could also wait if price is willing to go a bit higher before moving down so you could probably get even better price and risk/reward. If this goes down there is bullish Cypher waiting to be completed (blue pattern). So it might be...
AUDCAD has completed a series of bearish patterns at an important .382 retracement level. Two bearish crabs are confluent with a bearish Gartley pattern and a bearish Wolfe Wave 2-4 parallel. To add to the bearish bias, the unhit pivot for the month of December is precisely confluent with 50% retracement of the green crab CD leg. SL is placed above WW entry...
CADJPY has completed a bearish Gartley pattern and has thus far respected its resistance in the potential reversal zone. The Gartley PRZ falls in the sell zone of a bearish Wolfe wave which produces a confluent target with the harmonic pattern. To add to bearish bias, an unhit monthly pivot sits below price. SL is set above Gartley 'X' point with targets at...
Here is a very nice bearish gartley on FX:USDCAD which is going to complete @1.3340. Very good shorting opportunity with targets @1.3190 and 1.3050. As we see we have round numbers which are more likely to be reached. Our stops should go above the PRZ. @61.8 fibs we have a very nice structure . Avto_T Green Luck ----------------------------------------- www.facebook.com
USDJPY has completed a bearish Gartley pattern at the intersection of two S/R trendlines. The structure of the Gartley is such that it's AB=CD completion forms a tight PRZ with the .786XA level. The PRZ coincides with the .786CD target for the bullish butterfly completed in August, 2015. To add to the bearish bias, an unhit November, 2015 sits below price and...
CADJPY is nearing the completion of a bearish Gartley pattern. The Gartley PRZ is confluent with pitchfork support. A completed bearish Wolfe Wave adds to the bearish bias. RSI and MACD are showing bearish divergence moving into the PRZ. SL is placed above point X of the Gartley pattern and a cluster of pivots lies below price, providing a nice target. ...
AUDCAD is nearing the completion of two bearish advanced patterns. The pattern PRZ is confluent with a potential Wolfe Wave setup. A daily trendline may add to the resistance in the PRZ. An unhit weekly pivot sits below price to add to the bearish bias. SL is set above secondary trendline resistance. Targets are set at .382 and .618 retracements of XA. A...
One if not both of these patterns should play out! 200+ pips combined...good luck!!! KEEP THE RADARS UP!!!
S&P shows a double top, followed by a bearish Gartley that is due to complete around 2070. Also coincides with the .764 frib retracement of the Fall from the high in late July. Look for reversal patterns at this point (D) and enter accordingly. If confirmed, Initial targets should aim for price level of point B (ihgh probability), further price targets for points...