A Bat pattern form up for a CounterTrend trading opportunity. A potential trend extension as the market has broken the trendline on 4-hourly but note that on the daily chart it wasn't broken. Check your data
Pending Order is set and decision on target extension will be made when market hit the default target2
What you see here is a developing bullish gartley formation.
Learn to catch these trades yourself, if you want I'd be happy to share information....
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Hi guys, Binance coin is right now in Potential reversal zone of Bullish Gartley Pattern ;) It´s perfect buy zone for us, because BNB have huge potential in Long - Term trade! I´m sure, that BNB will hit first and second target on the end of October. I wish you at least +30% profit in this trade ! ;)
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Looking at the chart, we can draw two patterns, albeit opposites. The first one is the Bullish Gartley, shown in dark color, indicates XLMUSD is about to pump. The second one is the potential Cypher Pattern, although bearish, indicates that XLMUSD needs to pump in order to complete the pattern and reverse trends after that. This means, XLMUSD will experience a...
ACB just announced an update on their construction of 1.6 million square foot facility in Medicine Hat, Alberta, and its 1 million square foot facility in Denmark:
The stock looks bullish at least until earnings.
Potential Bullish Gartley in play. To simplify it, a trade set up is exactly where my two entries are and the profits are both at A and C of the Bullish Gartley! Or you can be a bit more conservative and take profits between the .382 and .618, but with my stop, it's probably smarter to go for A and C as our profit taking levels.
Harmonic chart patterns were developed by H. M. Gartley in 1932 and published in his book, Profits in the Stock Market. The Gartley pattern, or Gartley 222 pattern, is one of the most popular harmonic patterns to predict a continuation of a prevailing trend. While it’s similar to the AB=CD pattern, the Gartley pattern contains one more leg.
NVDA Has pretty closely printed about 3/4 of a bullish gartley pattern. See link attachment. www.forexhighs.com If this is the case, the buy point would be in the area of NVDA 140ish. Also, one could very well see this as a possible short opportunity through put options until price reaches the buy...
At the point B of the Bullish Gartley or Deep Gartley, it could be an ABCD Pattern, if that happens and the market had a bearish run, it will be a Gartley pattern instead of a deep Gartley pattern.
Having the Gartley pattern form it gives me a third chance entry to long, if market break and close above the resistance(red line) is likely to extend higher...
Four hours as before in a downtrend.
The watch shows an upward.
LONG: A breakdown of $ 9600 will open the way to $ 9860
SHORT: Breakdown of $ 9,500 shorts to the goal of $ 9,360
I look more at the long version.
Today, the closure of futures.