Bullish Gartley forming loading up for possible longs
A Bat pattern on the 60 on AudCad which because it comes at a decent support level you can use it with extended taregts rather than conventional and take as a counter trend setup.
The EURAUD price dropped significantly last few days and it getting close to the major support level at 1.5630. The price respected that level multiple times (green arrows) and it is more likely it will do it again. The sellers are going to lock their profits and buyers are going to step in, which will increase the price up. Moreover, the EURAUD formed a bat...
Previously We looked at a potential 2618 trade set up when the EURO was finding its support. Not that we've found it price has been making its way to a proper sell zone being at the 61.8% retracement level. Currently we are stalling at the 50% level but soon to be tested again after breaching the 32.8% level on its way to the upside. The anticipation for price to...
Crypto bubble: Consolidation. That is what it means. During these consolidating(bubble) times, advanced patterns form; increasing the chance of a successful trade set up. RSI shows that there may be some more bullish momentum and retracements before this Bear Gartley is completely filled. I take profit at structural support levels.
After the successful CD Leg descent after failing to retest the stucture high on the last shoulder, this Monolithic Bull Bat pattern may be a possibility. There is also confluence with an ABCD pattern on the cd leg, and RSI is starting to show some bullish divergence.
It's good to Buy SL Below X point Target 1 @ 113.70 Target 2 @ 114.00 Thank you for watching.
RSI is indicating a possible push to the overbought area and pattern is almost completely filled. I am looking for structural targets in the drop.
On the 1H timeframe a Cypher patter is nearing completion, stop,entry and targets marked on the chart.
from price action recent big move to the downside it has pulled back into structure. in doing so has formed a bearish gartley formation. I am already live holding 2 positions. Entry was at 1.30156 stopps at 1.30347 1st Target 1.29862 2nd Target 1.29658
EURUSD is setting a potential Advanced Harmonic pattern - Bullish Cypher, that is aligned with the underlying trend. Since we are in an establish trend, I will shoot for 2 extended targets. Here are Entry, Stop and Targets levels: Entry @ 1,1348 Stop @ 1,1289 Initial Target 1 @ 1,1490 Initial Target 2 @ 1,1550 Good Luck!
AUDCAD is in an established bearish trend on 1H, so I'm looking for ways hopping on to the market. Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, that is aligned with the underlying trend. Stops above current OR, and since were bearish with not close structures to the left my targets will be extended. Entry @ 0.9861 Stop @...
There is a series of NSL followed by Pullback(OR) and NSL, so we are in bearish trend on USDCAD 1H. Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, and I would use this bat as an entry reason to hop on that trend. Stops above X. and both targets will be extended Here are the Entry, Stop and Target Levels: Entry @ 1.2979 Stop @...
For weeks I've been looking at the potential Bearish Cypher on USDJPY on Daily Charts, and this week market hit the entry level. As you can clearly see the stop loss is so huge if you enter right away at completion level, so I was waiting for the market to go further in the PZR in order to get less than 100 pips stop. Currently there is less than 100 pips and...
S&P 500 formed a Bullish Bat Harmonic pattern, and price is still in the reversal zone, so for those of you who didn't enter you know what to do :) Targets are conventional 0.382/0.618 and stops below X
On GBPUSD I have a potential advanced harmonic pattern on my eyes - this time it will be a Bullish Gartley on 1H. Here are the Entry, Stop and Target Levels: Entry @ 1.2906 Stop @ 1.2881 Initial Target 1 @ 1.2936 Initial Target 2 @ 1.2954 Good Luck!
AUDUSD is in clear bearish trend on 15M and I've predicted that it could further continue lower once there is a valid break below current NSL. My entry reason will be an advanced harmonic pattern - Bearish Gartley, and I will enter a bit higher from 1.272 of AB, with extended 1st and 2nd targets. Here are the Entry, Stop and Target Levels: Entry @ 0.7624 Stop @...