Just trying to learn producing scenarios "WHAT IF". Bullish option is AB=CD confluenced with potential bat or gartley. Bearish is breakdown down, retest and then down. Notice - my previous (one way) EURUSD idea complete, so now is time to thing what is more probable scenario. More probable? I am more bullish than bearish...
Following my post yesterday on this pair, both our target have now been hit for a total of 50 pips giving us a total of 430 pips but the earlier loss of 27 pips means we are just sitting on 400 pips for the last week or so which isn't too bad. This was another painless trade so no complains there. www.tradewithme.co.uk Weekly Video: www.youtube.com
Looking at USDJPY we have too many factors showing to sell this market. After a massive fall price started recovering having having completed three patterns. An abc corrective pattern, a bearish ab=cd and a bearish gartley. A strong bearish divergence with RSI is adding to our thoughts to go short with this one. Finally we can see that price broke the lower...
I'm thinking about using this possible 2618 as a entry reason for a aggressive C on this Gartley. Any thoughts?
the double is forming which would form a bullish gartley. After the pattern a bounce of the resistance box could happen.
After the sell-off from almost 40, EU ended close to 37 handle, failing to create new low. Same happened beginning April after the rally to 396, EU failed to close below 37. The PA is in the lower half (below median channel line) of the channel and possible completion of bullish gartley. Conclusion: The 37 handle has been a strong S/R level in 2014. Now, close to...
Quite a bull run, last week we hit the Point & figure (P&F) target of 443 set long ago. The current run appears over-extended, being at the top of the channel set from the October 2022 low to present. Also, the RSI(9) on daily and RSI(12) on weekly (neither shown here) are overbought. The B to C run at 1.68 % extension also is showing some excess over the...
Quant (QNT) Price Prediction & Forecast for 2023 Quant (QNT) has been one of the most promising digital assets in the cryptocurrency market. The price of QNT has shown a steady uptrend since the beginning of 2021, with many analysts predicting further growth in the near future. The Gartley pattern is a technical analysis tool that traders use to identify...
There is some Bearish Divergence at an 886 Retrace Potential Deep Gartleyy PCZ with Bearish Divergence and so i will be selling some Longer Dated $80 strike Calls with lots of Extrinsic Value and use the credit that is obtained to Buying alot more Somewhat Shorter Dated Puts at the $80 stike with significantly less Extrinsic Value.
in process of mastering gartleys. lets see how this one turns out.
BINANCE:BNBUSDT is looking stronger than a lot of other cryptos. Today we might see a rally back to 308 area before more selling into the target gartley buy area at 277. It could be a great buying op coming up. Intraday AI has a high coming in @ 20:30 this evening. One to watch at that time if we are around that 307 area. Interesting day ahead. Enjoy the day.
FX:AUDUSD is setting up for lower prices with a big break from the ABCD up to 0.7650. The C-D leg will take us down to 0.6500-0.6600 area where the ABCD Gartley finishes with the 618 from the March 2020 lows. Also the major number of 0.6500. 6.5 being halfway between FIB numbers 5 & 8. Looking for a pullback to sell into this one as well. Enjoy the weekend. I...
Hi traders. A upward leg CD of a bearish Gartley Harmonic AB=CD in a concise golden mean ratio, as a move to make a double bottom, can be expected from this throwback reversal breakout of a broadening triangle. A rare combination with a total Fibonacci confluence. Good intraday trade. Stop at C point.
two wedge patterns: The price action of ALGO has formed a big falling wedge pattern and within this falling wedge, the priceline also has formed a smaller rising wedge pattern as well. The price action of the leading ALGO was accumulated at the support of the smaller rising wedge pattern and at the same time it was trying to break out the resistance of the bigger...
BULLISG GARTLEY PATTERN IN NIFTY 50 SPOT. CAN BUY NIFTY FUTURE NEAR 15500 TO 15552. STOPLOSS BELOW 14450 ( ON CLOSING BASIS)
Klaster Gartley + FE100 na BINANCE:IOTAUSD