Price didn't make it up tot he top of our zone to complete the BAT pattern, however an updated chart shows that price made a disproportionate M which turned out to be a GARTLEY pattern. There is currently rejection at the base of the final leg. I expect price to make it to the 0.38 level and then 0.61.
In a general down trend a potential bearish Gartley is forming. Watch what happens when the 0.786 retracement is reached...
As you see... After Tp1 move position 2 to BE
EURUSD is on its way to complete a bearish Gartley Pattern... Bulls can transform to Bears...
Before completing the pattern You can sell and TP1 is : 1.1010 TP2 : 1.0990 and sell loss is : 1.1130 After a downtrend when the pattern completed we can have a bullish trend . Tell me your ideas and GOOD LUCK. 😊😊👍
Analysis of #AUDUSD Hello friends, we may have a potential advanced harmonics bullish bat pattern, I don't think of myself as a harmonic pattern trader, I am more of a harmonic pattern user because I use them a lot in my trading. the pattern if it completes it will do so at an interesting level looking left, I will be watching this setup to see if it will...
Short setup based on Gartely Pattern completition.
Correlating the moves and the count with GOLD chart, we might are close to the completiton of a big Gartely Pattern (and ABC correction in terms of EW counts). So the red rectangle would be the short are to try to hold for a potential huge move down.
So, we are again in a giant correction and probably we will rest into it untill post elections (middle November?). What i see as possibility now is a slowly drop to 1880 - 1855 area, then from there a rise up to al least 1955. So a strategy atm would be to hold the sells untill 1880 and close them from there to 1860 and then try a buy to 1955.
Bullish Bat nearing completion Watching PRZ at 79.146 area for potential Buy
Gartley formed on NZDJPY Pushing up to 1.27 extention of A - B leg
XAUUSD - LONG ENTRY PRICE - 1898.00 SL - 1887.00 TP - 1917.00
Two potential Harmonic patterns playing out at the same time a potential bullish Gartley, and a larger bearish Bat. I Anticipate this Gartley will complete first giving us that movement to the upside to complete the larger bat pattern let see how it plays out #TraderMind
Potential Bullish Gartley forming on the hourly to be completed at around 0.93619 price level