Setup Entry: 1.315 Stoploss: 1.3275 (125 pips) Target 1: 1.2963 (1:1.5) Target 2: 1.2848 (1:2.42) Target 3: 1.2766 (1:3.07) Caution If the stoploss is too big, downsize you positions!
Looking for a shorting opportunity at Pt D with Great Reward:Risk for this Deep Gartley setup or to some they may say trading at X, whichever it is, the Stop Loss, I would prefer to place will be above the spike on the left
It is not just Gartley but Deep Gartley formation. The Formation Completes at the resistance line which gives a good opportunity to short. Though we are trend-trading but do note that on Daily chart it has tested twice on its lowest price(A-Leg) of the year(check your data)
Setup The previous setup "Gartley (deep) short 4H/16H" wasn't invalid, but the C leg hasn't completed yet. Entry: 0.6895 Stoploss: 0.6948 (53 pips) Target 1: 0.6815 (1:1.51) Target 2: 0.6767 (1:2.42) Target 3: 0.6664 (1:4.36) Caution If the stoploss is too big, downsize you positions!
Preferred to engage on Deep Gartley, due to a minimum ABCD qualifier, coupled with a downtrend channel just sweetened it.
Look at that, almost a bat. Love my rules to be tight and precise. If in doubt, don't trade.
Has the drop finally ended ?? Spotted this potential pattern back in mid Jan, it finally came down to that level. (See my previous post) Re-measured the ratios and we have a Deep Gartley on this chart. Trade safe guys !!
The Dollar Index seems to be respecting the PRZ of a Bullish Harmonic pattern this moment. Possible to see USD strength in this coming week. The horizontal 97.50/70 would be the critical zone to cross to confirm its bullishness. Let's look for the correct pair to trade if this USD strength plays out.
Hey guys, spotted a nice setup on GBPCHF. It has 2 patterns terminated around the 1.28 level. 1. ABCD 2. Deep Gartley The trigger to short will be the break of the support trendline. Do watch it closely. EP: Around 1.2720 TP1: 1.2540 SL: 1.29
AUDUSD formed a bullish deep Gartley pattern but price just went through the PRZ as if it didn't exist, that was a warning sign not to take the trade. Market Structures Price went below market support, giving the bears confidence and then yesterday bounce right above it, the bulls are winning again. RSI going overbought, I am hoping for some pull back Trade...
At this point of writing, GBPCAD seems to be at a support turned resistance level at around 1.6785. There could be an opportunity to short now, but the stops will have to be above PtX Pattern Identification Based on Harmonic pattern trading, the PRZ shows a higher level at 1.6540/55 levels. This could be another test higher as the RSI is not at the ideal...
Hey guys, just woke up and saw an amazing setup on CADCHF for a short Pattern identification 1. Deep Gartley completion at 0.7700 2. ABCD completion at 0.7700 Execution Price has rejected the PRZ zone, I have just entered short at current price of 0.7690. SL is at 0.7740 and TP is at 0.76. Almost a 1:2 R:R on this. Good luck and good trading all!' On a...
Do note that this pair has completed a bearish deep Gartley pattern. See relate link below from Terry. However, there is a chance that price will test the PRZ once more before the big drop. M15 Crab pattern completing at 0.7717 I am already in a short at 0.7692 with stops at 0.7742 (50pips)
Hey guys, this a great setup on EURCAD you should be looking at. Bearish Gartley completed last week. If you zoom into the m15 timeframe, you will see another deep gartley completing at 1.4. Will go short upon a rejection of 1.4. These are my levels. EP: 1.4 SL: 1.4070(70) TP: 1.3860(140)
RSI going overbought and Completion of an deep Gartley formation
Hey traders, just an update on EURUSD this week. On the daily chart, I am sure many traders spotted this Deep Gartley (AB=CD pattern completed beyond 78.6) These are the reasons I will not go long on this pattern. 1. Put in the parallel channel, it is in the middle of nowhere 2. RSI no divergence 3. PRZ bashed through without hesitation What's next? As...
+++ Don't forget to LIKE & Follow+++I have my eyes on a potential Deep Gartley Pattern on 1H, here on EURUSD. If you look left you will see that we're in a bullish trend so this Gartley is a nice entry reason for TCT and hopping the bullish trend. Stops is below X(and previous Pullback), Targets are conventional, however I will shoot for extended. Entry @...
+++ Don't forget to LIKE & Follow+++There is a potential Deep Gartley on 15 M EURUSD - stops and targets are conventional. Entry @ 1.1106 Stop @ 1.1113 Initial Target 1 @ 1.1078 Initial Target 2 @ 1.1061 Good Luck! If you'd like to see more good trading ideas from me, click the "Like" button! You can get my trading ideas immediately, just make sure to follow me.