We have Bullish Divergence an a Bullish Gartley in the form of one of the strangiest M-shape Structures i'v ever seen. I think we will target last week's highs if this plays out and that will then solidify a partial-decline of a much bigger stucture which can be seen in the related ideas section below.
We have a Bullish Gartley on LTC that has appeared on the Minute Charts and if it goes like last time then this will be the end of the Bullish Consolidation and we will shoot significantly higher very very soon.
This entry is a little late on the daily but on the weekly we do have a bullish engulfing so on that timeframe this entry might not be considered very late. With the release of Windows 11 it seems that intel will be reclaiming some ground against AMD and the Gartley may be giving us a hint that it will.
Gartley Pattern is not my favourite harmonic pattern, and that is because it doesn't have a very good profit factor.
For this instance, the PRZ happens to converge to a single price, and the formation happens within the consolidation zone does entice the trading setup.
A Bullish Gartley Pattern on the daily chart conflicted with the Key Resistance Level at the 4-hourly chart. This is when experienced and rule-based trading becomes handy.
With all my filters and experience, the Gartley Pattern has a better chance of being a profitable setup. 103.42 would be a better fill for the trading setup.
EURUSD is going nowhere in the coming week, which means it's great for some sideway trading strategies, like harmonic patterns.
I'm waiting for candlestick pattern confirmation at 1.0320, a 3-bar reversal should suffice.
Ravencoin has Bounced once from this Logscaled Gartley and failed to Breakout of the Channel and now maybe looking to come back down to the PCZ and hopefully hold on to a Double Bottom. However, before RVN can even come back down to the PCZ it must first breakthrough the Heartline of the Parallel Channel on which it currenly so happens to be resting. Due to a...
Bullish & Bearish Gartley combo on daily. 0.618 and 0.66 fibs from Oct-Nov 2020 to recent high of the range at 25K. Fibs omitted from drawn Gartley patterns. Monthly, weekly, and daily support/resistance levels also omitted to not overcrowd the chart.
The Bullish Gartley Pattern completes within the Key Support Level on the daily chart. Although it is unlikely for this setup to retest 142.63, for now, I will not engage with anything lesser than that trading setup.