The Gartley Pattern is one of the most traded harmonic patterns and can be applied to many markets and timeframes. It is a 5-point retracement structure that was originally outlined by H.M. Gartley and detailed further by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 0.786 retracement of the primary XA leg, 2) AB=CD pattern and 3) the BC projection is either 1.27 or 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Gartley Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
The TRXBTC has completed the gartley's formation and entered in potential reversal zone.
From this area it can hit the sell targets at any time soon insha Allah.
The targets are:
Buy between: 0.0000054283 to 0.0000031312
Sell between: 0.0000072411 to 0.0000115876
Regards,
Atif Akbar (moon333)
We are currently trading the 4th leg of the Gartley pattern that is forming on the 1 hr chart. We are predicting the Harmonic pattern will be completed and our take profit set at the green zone (63.15). TVC:USOIL
The HCBTC has completed the gartley pattern and now ready to hit the sell targets soon from this potential reversal zone insha Allah.
The targets are:
Buy between: 0.0003170 to 0.0002533
Sell between: 0.0003677 to 0.0004888
Regards,
Atif Akbar (moon333)
If the price does follow and bounce off the support between .1212 and .1121, we're looking to sell after the pattern completes between .13339 and .14107. TP open. Swing trades only.
PHX/BTC on the way for T1 after a Bullish Gartley completion.
This is a type I reversal. T1 is my aim but depending on the agressivity of the trend, I might take profits T2.
Good trade and good luck everyone,
Zakaidze Omar
The price action is entered in potential reversal zone of gartley and soon it will hit the sell targets insha Allah.
The targets are:
Buy between: 0.00000255 to 0.00000205
Sell between: 0.00000294 to 0.00000387
Regards,
Atif Akbar (moon333)
A unified gartley is about to complete on AUDUSD The swing identification algorithm is prex(12). Historically, on this pair and this timeframe, the pattern with this swing identification and with these ratios (B-point is 0.692 and C-point is 0.816) has a higher probability for continuation (futher up to 1.05XA) rather than for a reversal (same distance in opposite...
The price action has formatted the gartley and ready for bullish divergence soon insha Allah.
The targets are:
Buy between: 0.00000922 to 0.00000813
Sell between: 0.00001008 to 0.00001215
Regard,
Atif Akbar (moon333)
The price action is likely to start the formation of final leg of gartley.
I have defined the potential reversal zone accordingly from here the price line will hit the sell targets insha Allah.
The targets are:
Buy between: 0.00005231 to 0.00003762
Sell between: 0.00006393 to 0.00009175
Regards,
Atif Akbar (moon333)
TRX Bullish Butterfly Potential Reversal Zone.
Bullish Butterfly completion into a much bigger Bullish Gartley. This Bullish Butterfly will trigger the C leg of the Bullish Gartley.
Targets for C leg, time (first week of May) and stop loss identified for the Bullish Butterfly.
Right Shoulder (S) should be at the completion of the bigger Bullish Gartley.
Good...
TNBBTC has completed another gartley and ready to take bull move from here soon insha Allah.
The targets are:
Buy between: 0.00000118 to 0.00000102
Sell between: 0.00000131 to 0.00000162
Regards,
Atif Akbar (moon333)
The PHX has completed the gartley and entered in potential reversal zone to give more profits like every time it does insha Allah.
The targets are:
Buy between: 0.00000296 to 0.00000264
Sell between: 0.00000322 to 0.00000384
Regards,
Atif Akbar (moon333)
I think UKOIL will descend the next months. Here is why:
- It just hit the Global Gann fan and went down right after.
- It just completed the head & shoulders potential. I've moved the starting point to the right shoulder.
- It just made the 1.618 level from the (1) leg (Elliot Wave theory).
- It turn down after hitting the 0.618 fibonacci level from the Gann...
The AEBTC has completed the gartley and ready to hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.0001131 to 0.0001040
Sell between: 0.0001202 to 0.0001374
Regards,
Atif Akbar (moon333)
The RENBTC has completed the last leg of gartley and ready to hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.00000595 to 0.00000514
Sell between: 0.00000658 to 0.00000810
Regards,
Atif Akbar (moon333)
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