I'm waiting for the Deep Gartley Pattern that completes at X, it is 1 of my favourite setup that proven to work well on the currency pairs in the timeframe I've been trading.
What're your thoughts on this setup.
On 16Dec, we have identified the ABCD pattern during our live session and right now, we have a Bearish Deep Gartley pattern that forms up within the consolidation zone of the ABCD pattern.
No doubt, this is a counter-trend setup, it is a stronger setup then the week before as there is more indicator line up to support the pullback trade.
The aggressive trader can...
AUDCAD has a Bearish Deep Gartley Pattern setup at X. I love trading at the level as it has an amazing Reward is to Risk Ratio. Traders who are looking to short can wait for a retest of the resistance level(red line) for a shorting opportunity. One thing traders have to take note is that there is a consolidation above the X level.
Base on the Fundamental Analysis, I'm still bullish on GBPUSD, although the Technical Analysis doesn't show a prominent setup of such. On the 1hourly chart(link at the bottom), there was a bullish bat pattern setup and the market check-back, just that it did have a break and close below X which can be a concern for traders who are looking for buying...
A Bearish Deep Gartley pattern setup at X. While not many harmonic patterns traders trade this kind of setup, it's kinda perfect for me because
i) I've tested it extensively on the pairs I'm trading
ii) It provides an amazing Reward:Risk.
Pending Order has been set up on this trading setup, let's see how this trade roll out.
hi, this is haidojo trading and the number is 143...consolidation breeds advanced patterns...likewise, now we might face a possible deep bullish gartley pattern...it is compatible with the formation of the "neckline" in my previous analyst...don't aim high on this one...even if it works, it will just rise back mildly...not that kind you wanto hold for swing...
this is an update of the previous deep bullish gartley pattern...haidojo here, this is trade 98)...
current support right at 1587...it might hit D leg completion later ranging frm 1567-1560...let's see how it goes...
IF you dun trade advanced pattern, stay away...this is a counter-trend trade...and the 1st tp is 1587,
SL can be made a few points below...
Often not we will see that Gartley Pattern has a V-TOP or a V-BOTTOM setup, this causes conservative traders having a hard time to engage this harmonic patterns setup as a retest often never happens.
Right now we have the bullish Deep Gartley pattern setup for a buying opportunity, let's see how this trade rolls out as a counter-trend trade.
This is 1 of the most important trade for the week, at least for me it is. We had bearish Deep Crab pattern that we short at the HOP level and had gained 316pips on the 1st target.
Well, we are still in this trade and I'm watching closely on this pair if the market retest the bearish Deep Gartley pattern, after the candle confirmation I will engage a new trade to...
A Deep Gartley set up for a trend trading opportunity that forms withing the sell zone.
Well, this is so much better than just a sell zone, isn't it? Analysis of this pair has made a 180-degree turn.
A candlestick pattern confirmation is required before the trade can be engaged.
A bullish deep Gartley form on the 15-minutes timeframe. Have to wait for the candle close and confirmation before engaging in this trade. Patience is required.
If a break and close below D then I will be waiting for the previous low at 116.39 to engage the trade as a bullish crab.
A 247pips profit on the Type1 Deep Gartley achieved, at this moment I'm waiting for a Type2 Deep Gartley for another shorting opportunity.
If you love to know my new entry, stop and targets, check out link(3) on my trading view signature.
A bearish deep gartley setup on a trend trading trade. This setup is usually not acceptable by most Harmonic Patterns Traders as D point completion exceed X. However, in my testing this kind of setup, trading at X work out well.
Deep Gartley setup or I love to say trading at X, is a no-no for many Harmonic Patterns Traders but I have discovered that not just it yield great returns, the profitability rate is acceptable.
Pending order has been set, is your call if you are going to engage.
Rested on the daily chart major resistance, the bearish shark pattern has formed and shared the same level as the deep gartley setup within the same timeframe.
Will be trading as a shark pattern as this is spotted before the gartley. Pending order set for this countertrend setup.