We have the completion of a bullish gartley pattern on this pair with ab=cd confluence. We also have a bullish cypher pattern on the 4 hour time frame which completes at 1.29891.
A bullish gartley pattern has formed on this pair with ab=cd confluence. Looking for targets at 0.382 and 0.618.
Bullish gartley pattern completion right after some news. Looking to go long with great risk/reward.
A possible gartley formation on this pair. Looking for oversold conditions before entry.
A shorting opportunity may present itself with the potential formation of a gartley pattern. Reasons for: - We have a general downtrend on the daily timeframe with consistent lower highs and lows - trend continuation. - We've broken through a key area of support around 104.08 and came back up to it recently to test forming resistance. - If price moves further...
A long opportunity on USD/JPY with a cypher pattern completion. We have a nice upward sloping trend line with oversold conditions on the stochastic.
We are generally in an uptrend on this pair with lower highs and lows across multiple time frames. Price has just produced a down swing and test a strong support area as well as R1 pivot. We have a nice pinbar rejection against this area which tells me that we could see more more bullish action.
Price has been extending downward for some time now, we are reaching the point of a 0.786 retracemenet of move XA which could complete a cypher pattern. Targets at 0.382 and 0.618.
Not too far off a bullish cypher completion around 106.68 level provided price continues to go down. USD/JPY has reacted positively to this pattern in this past and so if price can press down into oversold conditions, I will buy at market.
A potential gartley pattern forming on EUR/AUD completing at the 1.5519 level. An interesting area as it's a key support/resistance level. Most recently there was a false breakout and before that strong resistance. I'm looking for the D leg to complete around this area and hopefully we should see a reversal in price. 1 target at 0.382 fib level.
After not much movement from Yellen's speech, I've decided to take the gartley on this pair. Expecting price to reverse around this key area of support/resistance. This pair, according to my rules has had good success with gartley patterns and my targets are set at 0.382 and 0.618. Conditions are overbought and there is divergence.
Possibilities of a potential trend continuation trade on GBP/USD with a gartley to the downside. The pair broke through 1.4496 zone, pulled back and continued moving down. The pullback has now formed a good point of resistance which I think price will come back and test depending on how NFP and other news plays out. If we can see pricing testing this level we...
Waiting for price to come in around 0.72058 which will act as a potential reversal zone with oversold conditions. Pair is in consolidation right now and this is what we need for harmonic patterns to be powerful and profitable.
USD/JPY is currently in a downtrend forming lower highs and lower lows. A cypher pattern can potentially complete if price manages to reach previous support turned resistance around 109.449. At this point we will have a D leg completion and potential reversal zone. I'll be shorting the market as long as we reach overbought conditions. Targets at 0.382 and 0.618...
We have a bearish gartley about to complete on this pair. Currently in a downtrend, we have lower highs with lower lows and similar size down moves as well as retracements. If price can come into the 1.1194 level then we can expect a potential reversal with overbought conditions. Targets at 0.382 and 0.618.
Another fantastic opportunity to short this pair as price continues to consolidate and form another Gartley. This is the 4th gartley pattern during the past 4 weeks. The 2 most previous patterns completed around the same area as the current one forming. This gives us great confidence that the 74.47 zone is significant and will most likely cause price to reverse....
We have a nice bullish cypher pattern completion on this pair. Price has formed a bullish hammer after completion candle close. The potential reversal zone is in line with some previous support. Targets at 0.382 and 0.618.
Bullish bat forming on this pair and should reverse at 0.886 fib level.