If this Deep Gartley Pattern went valid, that means our previous trade has been stopped out at entry, which is okay. Capturing such a trading setup requires patience, it is no different from baiting!
A Bearish Deep Gartley is a great setup for trend traders to hop in on a shorting opportunity at 1.01285. What is important is waiting for the right pattern and candlestick confirmation before engaging in the trade. There's a resistance level on the 4-hourly chart that provides a potential shorting opportunity and a Potential Deep Crab Pattern on the 1hourly...
I am still bearish on EURUSD, I'm waiting for a Bearish Deep Gartley Pattern completion at 0.9958. I'm aware that a lot traders are waiting for bullish opportunity on both EURUSD and GBPUSD but I don't see any recovery soon.
A Bearish Deep Gartley trading opportunity may present itself at 1.01285, a completion of this Deep Gartley Pattern is going to invalid the Bearish Channel and that's fine. This is 1 of the possibility we should look out for.
If you had read my overall analysis(check out the Related Ideas within TradingView) on EURUSD, you might get a bit confused with this analysis. How could we look for a buying opportunity where the overall trend is bearish? In fact, we can, there are ebbs and flows of the market, so within the bearish trend, there are bullish movements within; what is important is...
A Bearish Deep Gartley Pattern check back. What!?! It's rare, but it does happen. I"m waiting for the candlestick to close and confirm a long shadow for my aggressive trade. This trade could potentially give me a lower risk and higher returns, if you know what you are looking for.
CADJPY is on a Bullish Trend on all 3 major timeframes. A Bearish Deep Gartley Pattern may allow counter-trend traders to short the pair at 106.27. Before engaging in the trade, it is important to wait for the 3-bar pattern confirmation.
Well, I hope the Bullish Deep Gartley will not be a valid pattern because I'm pretty involved in the Potential Head and Shoulders Pattern setup. The candlestick movement never fails to amaze me. Look at the related ideas in TradingView, and see how the candlestick pattern stops, pauses, and reverses on the dotted line that I had drawn in advance. As a mature...
A Bearish Deep Gartley Pattern is completing at 165.74. It is a level that will attract lots of counter-trend traders to look at.
In this week's Weekly Market Analysis, we are looking at EURUSD intra-day timeframe. There is a Deep Bearish Gartley Pattern that is complete at X at 1.0246. Candlestick Pattern confirmation is a requirement before engage the trade.
Bullish Deep Gartley Pattern is one of my favourite setups. It has the best of both worlds. The golden ratio and with a good Profit Factor. Trade has engaged and stop-loss will be shifted to entry once Target1 has been attained.
If you are looking to ride on the wave on the daily chart, either the late entry of the ABCD Pattern or engage the trade based on Potential Head and Shoulders setup, your chance is here. When the market opens wait for candlestick confirmation at 1.2369, the Bullish Deep Gartley Pattern. This is a counter-trend trade move and might inverse the Bearish Shark Pattern...
A Bearish Deep Gartley Pattern that is complete at X is my favourite trading setup. Not only does it gives the best profit factor among its peers, but the results that I'm getting are also pretty good. However, you have to be aware that by taking this trade, you are counter-trend trading in a trending market. Candlestick pattern confirmation at the PRZ, 128.94 is a must.
Within the sideway consolidation, it does have a potential of a Bullish Flag Pattern formation, a retest at 136.93 will be a good enough price for me to get involved. The first target will go to the immediate high and the final target I'll stretch it to 139.71. That's the level of an AB=CD Pattern completion and coincides with the Bearish Deep Gartley Pattern.
Besides waiting for the Bullish Deep Gartley setup, there's another way to engage the USDCAD chart. If you are into this consolidation or sideways movement, you could wait for a trading setup on the lower timeframe, preferably the 1-hourly chart for this setup. You can wait for a minimum setup of Double Top setup with RSI Divergence, in that case, you can have a...
We have witnessed a burst of upwards movement of EURUSD on the lower timeframe, well, we needed that. Another burst might bring the Bearish Trend to its knees. I'm waiting for a shorting opportunity at around 1.12207 with the help of the Bearish Deep Gartley setup, however, the validity of the setup will end tomorrow(1Apr) at 9am(GMT+8). Let's hope the Tuesday...
Don't feel bad if you have missed the Bearish Shark Pattern movement, especially if you have deliberately avoided it. I believe you would have regretted if you had long instead of shorting the Shark Pattern because you saw the news that the Bank of England had planned to increase the bank interest rate. It is important that you know to stay out of news trading,...
EURUSD is on a Bearish Trend, and if you are on plan to long EURUSD like I did, you are in a counter-trend trade. If you have a long EURUSD base on the Bullish Shark setup(link at the bottom), the target2 based on the textbook case has fulfilled its final target level, not for me. I'm waiting for one of the two different trading opportunities to have an...