ONT looks like it is forming a bullish Gartley. This harmonic pattern is known for appearning in trend reversals. Could this mean the beginning of a new alt season? Let's see how it plays out. I've got my orders ready!
The Gartley pattern is the most common harmonic chart pattern. The bullish version of Gartley predicts an end to the short-term bearish bias and an upcoming trend higher. Once the price reaches point D, which in a perfect Gartley pattern is located between 127.2 and 161.8 Fibonacci extension zones, a rebound is expected. A profit-taking zone is between 38.2 and...
As usual, projected an XA fib extension from the PRZ to project future resistance based on the pattern.
Gartley spotted, but I only take a single target as due to bad Reward:Risk should I enter now for Target1.
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On the 4hr chart we see a bullish Gartley has formed. The price will retrace @ the 127.40 area. I expect price to complete the D leg at this point where I look for bullish evidence before taking the trade, Cheers make those pips my friends. Use proper money management.
Bullish gartley setup Target 1: .67758 Target 2: .68050
If triangle is broken downward then entry price would be point D of the Gartley pattern, around 0.88470. Target 1: 0.88894 Target 2: 0.89156 Target 3: 0.89546 Stop Loss: Support Area indicated
On the USDCAD 4hr chart a bullish gartley has formed. Price is on support we expect a bounce from this level. Look for bullish evidence and buy. Trade with proper money management. All the best friends
The 4-hour chart of USD/CAD has formed an bullish gartley pattern. Hence, we expect the pair to be bullish and resume its uptrend. For further updates of this analysis, kindly follow our premium analysis.
BAT Pattern ??? I made this only for practice purpose. Do not blindly follow it! Or you may fail.
What a close shave on this. Still a profitable trade setup
Check your data on B, is a gartley for me. Using different target level for Target2, my inner-circle group got it.
The price is going to penetrate Ichimoku cloud and break through the upper edge of it. Bullish indicators confirm it: Stoch RSI is oversold, DMI shows a strong uptrend mood, MA and EMA are in buy state. There is formed bullish hidden divergence which enhances our forecast, the Gartley butterfly that is show at the chart should be formed up from this point there...
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The market in sideways consolidation, I will be taking the conservative target for this.
EURUSD Bullish Gartley 2H Stops and targets are figurative - trade these patterns according to your knowledge on them