''BUY MARKET ORDER''
Positive hidden divergences
Positive regular divergences
Additionally you may want to wait for a candlestick confirmation before entering.
Good luck to everyone trading USD/CHF!
This is a daily chart on Ripple.
So why buy??
Potential Merrill pattern type M-15 (harmonic 121)
Type ''A'' positive regular divergence
Preceding type ''A'' positive hidden divergence
Additionally you may want to wait for the market to show some kind of candlestick pattern before entering.
Good luck to everyone trading Ripple !
Bearish Gartley ''222''
Bearish regular divergences at X
Bearish hidden divergences at D
A number of indecision candles appearing at D (2 spinning tops, 1 deviant hanging man, 1 doji)
Good luck to everyone trading Bitcoin this weekend!
Sold EUR/JPY on market open at 125.999. Congratulations sellers!
Looking at the 4h charts we see a three drives to the top up to a 0.618 retracement, completing the Gartley.
I'll be looking for liquidity around the previous support.
Good luck to everyone trading EUR/JPY!
Here is a link to Scott Carney's own web-page, supposedly something he has written himself:
I want to outline something interesting here. I quote from the article above:
'' It is important to note that there are others who have assigned different Fibonacci numbers to the framework of the Gartley...
Head & Shoulders pattern
resistance at previous support
Initial profit objective:
Additionally you may want to wait for the market to pullback to test the neck-line, however, there is a chance that the market may not test the neck-line before the dip down to the measured profit target. This is an aggressive short entry with stops above...
Here we have a 0.618 triangle in price & time preceding a Three Drives pattern at the top.
Prices printing lower highs with the RSI forming higher highs, indicating hidden bearish divergences.
The stops for this pattern is 2 pips above the 0.786 retracement.
At the 0.786 there is a another chance to sell short, this time with protective stops 2 pips above the...
Potential emerging butterfly pattern here on the hourly charts...
Fibonacci price & time analysis of BC swing shows demand coming in at a 1.618 time extension with support located just below at the 0.786 retracement
Good luck to everyone trading $$$ !
''SELL MARKET ORDER''
2.00 extension illustrating bearish trending market
0.786 fibonacci retracement
1.618 golden ratio
Bearish hidden divergences (prices and 200 period moving average moving lower with oscillator going higher)
Shooting star / gravestone doji candlestick
Good luck to everyone trading EUR/USD !!
Here is a daily chart on GBP/USD. I feel like this is the least I can do, after price unexpectedly met resistance and failed to break through the 0.382 level while printing a strong bearish candlestick.
Do I know for a fact that prices are going to be dropping from here?
No I don't. There is no way of knowing, it is simply up to the trader to determine how much...