A possible bullish Gartley coming up on NZDJPY. Its all about the Benjamins ;)
Based on previous structure, it seems like we will have a winner based on the higher highs previous of this Bull Gartley pattern. RSI shows more bearish potential to trigger the limit order.
Potential bullish Gartley on 4 hour chart. Currently looking for a break of current support to the downside before completing the pattern at the 1.3100 region, a nice round number. Target 1: 131.963 region Target 2: 132.558 region Do not follow this blindly..always remember to make sure that any trade made by you needs to meet your own personal trading...
This Gartley Bull has completed the D leg and of course, theoretically, it should rally up to the NorthSea :) Remember to risk only 2% of your capital.
Hello traders, here is a short term opportunity on the 1h chart with NZD/CAD. A valid bullish gartley pattern has fully formed with a 1:2 risk to reward. The measurements for a valid gartley pattern are detailed below. B: 0.618 C: 0.382 - 0.886 D: 1.272 - 1.618 Final X to D: 0.786 If you want more trading inspiration be sure to connect with me below :)
NZDCAD - Daily, Bullish Gartley Pattern
Market opened this week on the NZDCAD with a small gap down getting us closer to this Gartley pattern completion. I have a kill zone here for a Long position between price points .88424 (78.6% fib XA) and .88255 ( 127.2% fib ext of AB) This area is highlighted green on the chart. Stop @ .87370 and TP #1 @ .89253 ( R/R 1.09) & TP #2 @ .89863 (R/R 1.77)
I first charted a bullish crab and then a bullish gartley. I am more confident in the gartley pattern. I guess when it approaches the D leg in the gartley pattern we will see a reversal or we will see it continue to the d leg on the crab pattern. I will definitely not open a trade until a clear reversal occurs. I believe there are more patterns on the one hour...
Currently price is completing its move from Leg C towards D. Keep in mind that D is a zone where price reverses, rather than an exact price point. Also note that the pattern is not valid until a move till D is seen. TP levels are marked on the chart. Would love feedback and comments :)
On the daily a Gartley pattern is eminent. See chart for details.
Next Possible BITSTAMP:BTCUSD Support Range 3898.48- 3628.42 Buying Point: 3927 (SL3928)/3890/3850/3780/3708 3433/3340 Target Point Swing 5200-5500 Intraday 4250-4520 SL Point 3600 3200 The good show by BTCUSD in the last few days gives us all the lessons, how fear, the greed of the ego, gives the greatest effect of human...
Thanks to the huge amount of China FAKE NEWS as well as the Panic Selling, amatuer investors have dumped BTC causing it to drop in the upper $3k area. However amongst all of the panic selling, there is now significant buying volume now starting to occur. As noted in previous analysis, when amatuer investors panic, professional investors keep calm and rely on...
I am currently short the EURAUD so I won't be taking this trade, but there is an advanced pattern near completion at a 127 ext @1.4750. This will yield the best risk to reward ratio but there is no promise that the pattern will complete or that it will hit targets before becoming invalid if it does. This is just an idea, food for thought. Trade carefully. Leave a comment!
***Note: technically this is not a true gartley pattern since there is no definitive impulse leg. However, many of you find success trading the fibonacci zones within pattern structures.*** If GBPUSD can close today below the .886 fib retracement of the AB leg i think the pair would be a nice short for a few days. RSI is showing multiple signals for overbought...
NZD is on the move up looking to jump on the uptrend with this Bullish Gartley 2 Targets As Usual lets see how it pans out
NZD is on the move up looking to jump on the uptrend with this Bullish Gartley 2 Targets As Usual lets see how it pans out
Since Euros recent slow spike to the upside we currently have a retracement in place. price action has been pushing down to a previous structure around 1.19200 zone. In doing so has formed a a Gartley Pattern Looking to take 2 targets for this one Target 1 - 1.19258 (38.2 Retracement) Target 2 - 1.19350 (61.8 Retracement)
We have a bullish Gartley setting up on the EURGBP with an entry that aligns with previous structure. There is nothing bullish about the Pound, and if Mario Draghi fails to specifically address the exchange rate/detailed monetary policy again tonight then we should see further upside to this pair. All the best, Mase.