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Gartley

NVIDIA (NVDA) – My PUT Options Position ExplainedI opened a medium-term bearish position on NVDA by purchasing PUT options. Here’s the full breakdown of the idea, entry logic, and projected targets. 🧠 Why I Entered the Trade NVDA formed a clear Head & Shoulders (H&S) reversal pattern on the 4H chart — one of the strongest technical reversal signals after an extended bullish trend. The neckline has now been broken, validating the structure and confirming bearish momentum. The rejection from the right shoulder, combined with weakening RSI and loss of key market structure, provides additional confirmation. 🎯 My PUT Options Position I purchased PUT contracts with a defined risk and leveraged downside exposure. Break-Even Price: ~129 USD This is the key level where: the option premium is fully recovered the position shifts from “loss” to “profit” As long as NVDA trades below 129 USD before expiration, the position begins generating profit. 💰 Profit Projection My profit target zone is around 102 USD. At that level, the trade yields approximately: ➡️ +77,000 USD profit This aligns with: the measured target of the Head & Shoulders pattern previous demand zone turning into resistance Fibonacci extensions a full correction of the last impulsive leg 📌 Technical Breakdown H&S target: ~160 → ~130 → projected extension toward 102 Break-even: 129 USD FXDoctor target: 102 USD Trend structure: Major lower lows forming Momentum: RSI breakdown and bearish continuation signals The chart clearly shows a potential shift from a hyper-parabolic bullish phase into a deeper correction — a move that benefits PUT buyers with asymmetric risk/reward. 🧨 Summary I’m holding PUT options on NVDA Break-even: 129 USD Projected profit: ~77,000 USD at 102 USD The trade is based on a clean and validated Head & Shoulders reversal NVDA is showing early signs of a much larger bearish correction
NASDAQ:NVDAShort
by Broceta
CCAP - good opportunity, normal risk CCAP - EGX30 - Timeframe 1 day Format a Gartley bullish pattern as follows: - Entry: 2.45 (current price: 2.39) - Stop loss: 2.35 (potential loss: 5%) - First target: 2.73 (potential profit: 10%) - Second target: 2.98 (potential profit: 20%) Important notes: 1. Activate the stop loss if it is triggered, as there are lower entry levels for this pattern (down to 1.75). 2. Prices may rebound from this point. This is not investment advice, only my analysis based on chart data. Consult your account manager before investing. Thanks and good luck.
EGX:CCAPLong
by tfcgeorge
1
USDCAD - A Somewhat Confusing Homerun Trading SetupsTop Trading Idea of the Week #2 is on USDCAD, and it’s a two-part bullish opportunity. It begins with a potential bullish Gartley pattern currently setting up—already a strong technical signal. But what makes this idea particularly compelling is the broader market context. On the higher timeframe, USDCAD has been stuck in a massive consolidation since 2015, and while it isn’t technically forming an ascending triangle, the path of least resistance still appears to be to the upside. Because of that, this may be a rare chance to aim for extended—or “home run”—targets. However, whenever I look to stretch targets, I always want to be aligned with the fundamentals as well. So in the video, we’ll walk through both the technical setup and the additional fundamental research required to build a confident, well-rounded bullish thesis. If you have an fundamental insights that you'd like to share I'd love to hear about it below. And as always please leave any questions, comments or ideas there as well. Akil
Long
by Akil_Stokes
EURUSD - why am I bearish on the priceWell, thank you for commenting on my ideas on EURUSD. This is what makes the TradingView community unique. In one of the comments I learned that I am agains the mainstream believing that EURUSD is not going to continue growing (will not hit the next max after 1.19191 on Sep 15th). In this post I would like to provide arguments for which I am bearish in EURUSD, yet keeping in mind that those are just my humble opinions and as such they can be completely wrong. So, let's do that: Argument #0 - EURUSD in W1 in in Downtrend since June 2008 Argument #1 - Overbalance - total size of the corrections (marked light blue) are almost equal. Yet the recent correction perfectly is aligned with Garttley pattern (Argument 4). Argument #2 - The BC parts of the above mentioned corrections are equal too (marked navy blue) Argument #3 - the recent correction has performed a perfect ABC pattern Argument #4 - The above mentioned Gartley pattern (I wrote a post on that) has been completed Argument #5 - last but not least - the price returned exactly on Fibonacci Retracement 161.8 of the most recent correction to the up-movement starting on Sep 30th 2024. Those argument create a massive Resistance Cluster at 1.17500 - 1.19600. Altogether I have six argument to believe the local uptrend on EURUSD simply expired. But of course I may be absolutely wrong and EUR will go up from where it is now. Just my humble opinion
Short
by PetrBorosh
1
$103,000 Support is Your Next Long Entry!The chart shows a Bearish Harmonic Pattern (D point completed near $107,000), indicating the recent bullish momentum needs a rest. We anticipate a short-term pullback following the completion of this pattern. The target for this drop is the key support area (green box) around $103,000 - $103,500. OBV also shows Bearish Divergence (price up, indicator down), which strongly supports the idea of a temporary pullback. Wait for the price to hit the $103,000 support zone. Look to enter a LONG trade from the $103,000 - $103,500 area for the next major leg up. This is the main opportunity! Good Luck!
BITSTAMP:BTCUSDLong
by VIPCryptoVault
1
$CLSK: short term bullish Gartley NASDAQ:CLSK : bullish Gartley Harmonic has XD = 78.6%. NASDAQ:CLSK has exceeded this ratio slightly. Bullish Bat's XD ratio is 88.6%, this week's low aligns with this ratio. The bullish Gartley appears to have completed and prices should start to recover. If the broader market drops, AB = CD can target $13.50, which would present an excellent opportunity to add. I'll be adding to my position in the buy zone if the opportunity presents itself. Additionally, the buy zone aligns with the last triangle congestion area, which gives more confidence that this area has strong support. I added some today. If it goes down more tomorrow, I plan to add more.
NASDAQ:CLSKLong
by HeadsUp2021
Bullish Gartley 1. Entry Zone The ideal entry zone for a BUY order is the Potential Reversal Zone (PRZ) between 0.6485 and 0.6505. The current price of 0.64994 is perfectly within this zone, offering a potential entry. 2. Stop Loss To protect against the pattern failing, a stop loss should be placed just below the X point of the pattern. Stop Loss: Below 0.64433 (the X point). A logical level would be 0.6435. 3. Profit Targets (Take Profit Levels) Targets are based on Fibonacci retracements of the entire CD leg or the XA leg. TP1: 0.65500 (Previous resistance) TP2: 0.66000 (Key level, often a 0.618 retracement of AD) TP3: 0.66500 (Equal to the X point or a significant resistance level) Summary of the Corrected Trade Plan Component Level / Action Pattern Bullish Gartley Bias Buy Entry Zone 0.6485 - 0.6505 Stop Loss (SL) 0.6435 Take Profit 1 (TP1) 0.65500 Take Profit 2 (TP2) 0.66000 Take Profit 3 (TP3) 0.66500 if you think it's a good idea please 🚀 boost
Long
by hoza_saad
4
Best Harmonic Patterns For Beginners in Forex Gold Trading In the today's article, I will share with you 4 best harmonic patterns for beginners. We will discuss the structure of each pattern and the rules. Harmonic ABCD Pattern That pattern is based on 3 legs of a price movement: AB leg - impulse leg, BC leg - retracement with the range of XA leg, CD leg - impulse leg that has the same direction, the same time horizon and the same length as the XA leg AB and BC legs should be equal or almost equal, that makes the pattern harmonic. The completion point of the pattern - D point can be applied for predicting a pullback. ABCD pattern can be bullish and bearish. In a bullish ABCD pattern, AB leg is bearish. D point of the pattern will be a safe point to buy from. In a bearish ABCD pattern, AB leg is bullish. D point will be a safe place to sell from. The next 3 patterns will be based on 4 legs of a move: XA, AB, BC, CD and will have XABCD structure with the initial point of the pattern being X point. D point will be a completion point of the pattern from where a pullback will be anticipated. The type of the harmonic pattern will be identified with Fibonacci numbers. The exact placement of each point of the pattern will define the name of the pattern. Harmonic Gartley Pattern In Harmonic Gartley, B point of the pattern should strictly be between 618 and 786 retracement of the XA leg. C point should lie between 618 and 786 retracement of AB leg. D point will be 1.272 extension of AB leg. Bullish Gartley Pattern will be based on a bullish XA leg. Bearish Gartley will be based on a bearish XA leg. Harmonic Bat Pattern In Harmonic Bat, B point of the pattern should strictly be between 50 and 618 retracement of the XA leg. C point should lie between 618 and 1 retracement of AB leg. D point will be 886 retracement of XA leg. Bullish Bat Pattern will be based on a bullish XA leg. Bearish Bat will be based on a bearish XA leg. Harmonic Cypher Pattern In Harmonic Cypher, B point of the pattern should strictly be between 382 and 618 retracement of the XA leg. C point should lie between 1.272 and 1.414 extension of XA leg. D point will be 786 retracement of XC leg. Bullish Cypher will be based on a bullish XA leg. Bearish Cypher will be based on a bearish XA leg. These patterns are phenomenally accurate and they are very simple to recognize. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
1
Bearish Gartley Pattern Trade Plan: Entry Zone (PRZ): 1.170 Trigger: Bearish rejection candlestick(s) (e.g., Bearish Engulfing, Pin Bar, Doji) confirmed in the PRZ. Direction: SELL Stop Loss: Above the X point (invalidates the pattern). Profit Targets (Take Gradual Profits): TP1: 1.160 TP2: 1.158 Risk/Reward: The R/R is highly favorable, potentially above 1:2, depending on your primary target. Rationale: The PRZ represents a significant area where multiple harmonic alignments converge. The move from B to C was a strong, impulsive wave, increasing the probability of a rejection at the D point completion. The stop loss is well-defined, providing a clear level of invalidation. if you think it's agood idea please boost .
Short
by hoza_saad
MPRC - is that end of correction ?! EGX:MPRC - EGX30 - Timeframe 30m Format a Gartley bullish pattern as follows: - Entry: 31.50 (current price: 31.47) - Stop loss: 30.50 (potential loss: 3.50%) - First target: 33.10 (potential profit: 4.70%) - Second target: 34.25(potential profit: 8.50%) also MACD is positive that may support our idea This is not investment advice, only my analysis based on chart data. Consult your account manager before investing. Thanks and good luck.
EGX:MPRCLong
by tfcgeorge
2
ORHD - EGX30 - Critical point , high risk EGX:ORHD - EGX30 - Timeframe 2 Hours Prices achieved the minimum target for Head and Shoulders pattern at 21.30, Moreover now prices Formatted a Gartley bullish pattern as follow: - Entry: 21.45 (current price: 21.30) - Stop loss: 21.16 (potential loss: 1.35%) - First target: 22.41 (potential profit: 4.45%) - Second target: 23.00 (potential profit: 7.60 %) This is not investment advice, only my analysis based on chart data. Consult your account manager before investing. Thanks and good luck.
EGX:ORHDLong
by tfcgeorge