A pennant is a continuation pattern in technical analysis formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole. Here's the bull...
Before any of you jump up and scream, "That's not how you identify a pattern!!", namely the Bullish Gartley (***which may or may not be in formation***) is just an imaginary depiction to support the case of Scenario 2. Scenario 1 - Bull Trap Scenario 2 - Continued Bullish Momentum Scenario 3 - Bear Trap Scenario 4 - Long Due Correction Scenario 5 - RIP? I don't...
10 days to FOMC Meeting Let's post this chart and follow Forming Gartley and Bat on H4 I will update!
Possible Bullish Gartley completing on the 1-hour chart.
Still learning.. Looks like we might be seeing a Bullish Gartley forming.
Bullish Gartley as described on the Daily Chart. Potential Breakout of the Ascending Trend Line and Potential Major Trend Change! USD and CAD Economic Calendars are busy this week! Trading without technicals is like driving a car without a brake Trading without fundamentals is like driving a car in the dark with no headlights Trading with emotions is...
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Possible rejection around 11,400.. but will see what happens 11,800 and 12,000. I will remain bearish until support above 12,555.
GBPUSD 4 hr Chart forming a bullish Gartley Pending Buy order All details on the chart Good luck
EOS is in the process of forming the reversal pattern “Double bottom”, also on the ris we see a bullish diverter, on the whole level 5.7 is a powerful support, and in case of a breakdown we will see 0.5 total growth of $ 4.9 Growth goals are understood, the first is resistance at $ 6.34, and then 0.618 Fib 6.89. The volumes on bearish candlesticks closer to...
FETUSDT is printing a very accurate Gartley Pattern. AB is perfectly touching .618 level and also BC is finely in between .782 and 1. Most probablt D will be formed near 1241 as 1.2 and .782 are co inciding at 1241. So, Best entry will between 1241 -1150. Stoploss would be safer below X that is, 898 (-30%) Targets are Target 1 - 1591 (21%) Target 2 - 2023...
GBPJPY is on a bearish trend. Gartley Pattern happens on both time frame having a 4-hourly chart as a bearish Gartley setup and 1-hourly chart, a bullish Gartley pattern as a counter-trend trade. How many trading opportunities within this trading analysis? What's your trade plan on this? Comment down below.
BULLISH GARTLEY INDICATES DOLLAR STRENGTH. MAINTAINED INTEREST RATES AND GDP SUPPORT THIS TECHNICAL STRUCTURE.
Finally, this deep gartley at X is formed. Hundreds of pips of potential profit for this baby with RSI Divergence. Will you be trading this?
Classic Gartley 222 BUY pattern completed in GBPUSD 4 HOUR chart 130 pips of profit potential.
LTC has finished leg C of the gartley and is now heading towards D. When it reaches this point you should buy. Buy zone: 0.009 - 0.098 Target: 0.025
PPT looks good on higher time-frames - Moving averages are ready on bullrun. In the chart you can see Bullish Gartley pattern with Potential Reversal Zone between 1340. and 1353. sats., price can bounce from this zone quickly so you can watch for good entry. Targets for Gartley pattern are in the chart - orange boxes within bearish channel. You can buy some...
Yes, Gartley is my entry plan for this trade, doing an extension on both target1 and target2 for this trade. Amazing profits potential for 2nd target. Structure is Key!