Basically, i missed the Bearish bat :( , but now ... since market has break below n close below previous A leg of the bat pattern, potentially market is now bearish biased, Seeing the B retracement hits 61.8 therefore a potential Gartley Pattern may be forming up, will wait till the C leg is formed to consider this a valid gartley pattern or not.
Daily Bearish Butterfly Completion Now waiting for a good Entry setup in the lower TF, for now .. observation mode. Havent seen structure to support a resistance level :(
Depending on how ur rules of engagement for gartley, this gartley is quite steed due to the B retracement leg...
EJ H4 Bearish Completion - with higher TF structure lets wait for monday for a good entry, the R:R now is better :)
Entry at the same level of Bat & Butterfly with structure at the entrty level
While waiting for the bat to complete we have a cypher pattern Fibo conf. minor structure :)
The minor cypher pattern has broken... zooming out . potential where market can terminate on the bigger cypher
EU Bearish Bat/Gartley Depending on ur data feed... it can be a bat or gartley.. area where D terminate has strucutre zone and fibs confluence
Missed this trade :( ... Gonna post this trade as a refference Bullish Bat RSI Bullish DIveregence Double Bottom Structure rejection
Shorting This Pair... Bearish CYpher Pattern, A few Fibs Confluence RSI Oversold Testing Previous Resistance SL above X TP 1 38.2 TP 2 61.8
For this market ill be on the side line, but we can see a big bat pattern setting up that is not completed, if there is a bearish pattern, and target as the bat pattern completion ... for now .. lets wait an see.. for a better pattern with acceptable R:R
H1 bearish bat setup, The red box is the potential PRZ zone, where structure and fibs confluence can be seen. So will wait for this pattern to complete and sell at the D leg. SL will be above X TP 1 TP 2 Shown on chart : )
Price has broke the previous structure and close below the structure Therefore an indication of market going bearish. For our entry setup we can see... a formation of potential bearish cypher SL will be above X , and shown is TP1 n TP2 fibs retracement of 38.2 , 61.8
H1 bullish butterfly RSI potential bullish divergance Sl below structure conservative tp - structure
Bullist Bat Pattern. with only minor structure, potentially market may go lower to another major structure below X .
H1 Bearish Gartley - did not hit my D leg - -__- & Cypher = Bullish Pattern - a bullish cypher pattern in blue :) ...
Potential Bearish Gartley vs Potential Bulllish Butterfly