Practicing Gartley Pattern. Green confirmation candle confirming the trend.
We will see dramatic movement upwards if this pattern is truly there.
(the numbers aren't exactly accurate, but who knows? fib ratios werent even in the OG gart)
EURUSD 30M Time frame Harmonic Deep crap formation completion. At market open wait for the completion of the 1hr bearish Gartley to finish forming. After Gartley completion. Watch MACD indicator for a positive to negative switch. And negative to positive on your pattern. You can do this by using the trend angle tool. Also wait for you Stoch indicator signals to...
This chart has a really good divergence, shown by the purple lines. Targets 1 - 3 are the green lines 0.382, 0.618 , and 1.00. Stop loss is the red line. The price reversal zone or PRZ is the blue rectangle. Wait and watch price action in the PRZ and if there is a clear reversal in the PRZ then go long and the three green lines as target. Often it never hits the...
Divergence is in purple and might be nothing at all. Targets are in bright green and stoploss is in red. PRZ is the blue rectangle. Once a reversal is confirmed IN THE PRZ then place the trade short.
I spend hours daily finding tradable Harmonic Patterns and I post them to here because I want my work to help more than just myself. IF you like this then thumbs up...
The pair has 2 harmonic patterns in convergence, therefore it can reverse and make a bullish move. but it all depends on today and this week's candle.
As I showed on the chart you can enter a long position with 30pips Stop-Loss and over 100pips profit. I think it's a solid signal.
But if you want, you can wait for reversal candlestick patterns just to be sure.