at market bullish gartley yellow very good risk reward pottential bigger bat
Hey guys, we've been watching this potential setup for a while & price action is finally in striking distance of you D point completion. Therefore I wanted to repost this chart just as a heads up. Keep an eye out for the *ADP Number at 8:15 Eastern. I'm heading out of town so there will be no more post from me this week, however I did leave you guys a short...
Bullish Gartley completed around the 78.6% retracement of XA. Profit targets are shown on chart. Stop below point X. Manage your risk appropriately. GBPJPY is a very volatile pair! Happy Trading! : )
Not a lot on my radar this morning which is perfect seeing how Monday’s are typically days where I let the markets wake up after the weekend. One pair that I’ve been continuing to watch closely has been the EURUSD which has provided a lot of opportunity over the past month or so. The chart before you shows a potential bullish Gartley pattern completing extremely...
In depth technical analysis on NZDCAD - My outlook is bullish on this pair
The radar is light once again with only a few pairs (including yesterday’s NZDUSD idea) still in my sights, but this opportunity on GBPAUD looks like a pretty good potential. GBPAUD has driven straight up since…well early 2013 & although the momentum seems to be slowing down, there’s absolutely nothing on the charts as of yet that says we’re going to stop anytime...
Just wanted to publish my trade as this is kind of lesson for me publishing my decisions. Here played just bullish Gartley (D point confirmed by RSI and is on 127% of BC) TP1 is 50% of XA (I know, this should be 61.8% at first, but let's try have better RR) TP2 is less than 38.2% XA.
The response of last week's test of following a single pair throughout the entire week was FANTASTIC! I really enjoyed doing it, and a lot of you really enjoyed seeing how my analysis (IF/THEN Thought Process) changes throughout the week. Per request, this week I'll be following the EURUSD. Now Monday's are typically my non-trading day. I will place them if...
If you're new to following me, yesterday I decided to dedicate an entire week to keeping you guys updated on a single pair. Below is a link to the Day 1 chart if you missed it or just need a recap on what I was looking at. The cable was very bullish yesterday an nearly pushed up to our projected bat pattern completion. Since then we've retraced and are setting up...
Here we are looking at 4 different type of patterns of which we have a Bearish Bat and Cypher pattern that completed and then we have 2 Bullish patterns Gartley and a Cypher pattern setting up. I could not draw in all the Fib. Retracements and Extensions due to it cluttering up my chart. Hope there is something on here that you guys did not see. Happy trading people ;)
Hey gang! A we've been waiting for some bigger moves on this pair for a while now but have seen nothing but sideways action. Fortunately for pattern traders sideways action isn't always a bad thing as consolidation breeds pattern opportunities. The pattern we have on this pair is going to be a bullish Gartley pattern completing down at the 1.9328s level. Minimum...
An impressive looking bullish gartley pattern is forming on the NZD/JPY 4H chart. - A/B: Price bounced nicely off .648 - B/C: Price fell pretty quickly at around .882 Finally, it looks like D will hit the mark at around 88.00, of which coincidentally is the .786 mark. If price falls below .90, then I'm confident that the C/D leg will be completed. What are...
USD/JPY has formed a Bullish Gartley on the 4-hr. chart. See chart for details. Stop is below 120.27 which is the 1.272 retracement of XA.
Whenever the chart shows a confluence (i.e. 2 or more) of technical indicators at about the same price zones, it is more likely to see a higher probability of a successful trade. For AUDUSD, i see a confluence of 2 technical buys. First, AUDUSD is trading within this green rising channel. This rising channel is a classic textbook pattern. Notice that AUDUSD very...
Bullish Gartley is forming. If PRZ (small red rectangle) holds price could experience rising somewhere up to 1.4838 (38.2 retracement of CD leg). Next profit target is between 1.500 - 1.5100 (around B point). B point laying between 38.2 and 50 retracement level is not perfect, however still valid.