Bearish Gartley
EURUSD Bearish Gartley Pattern A bearish Gartley Pattern I will be monitoring into Monday morning.
We have some fib confluence with the 61.8% retracement from the most recent move down.
As this is with trend I will be looking for a 1:1 R/R which for the first half position off, which is just past the traditional targets of the 38.2%
UsdJpy short term sell set upFX:USDJPY
We went short after the formation of a small bearish gartley.
Stops and take profit level are as per the chart.
Trade Ideas Position: EURUSD GartleyGotcha, nice if you have been following my trading view, here as you can see Point D completion is within the sell zone.
I will use this Gartley for my trend trading and trend continuation trade.
Entry, Stops and Targets will be shared with my inner-circle.
CFD Crude Oil Pending sell OrderUsoil Bearish Gartley formed on D chart
Pending SELL order - Retest Structure (Gartley)
Crude Oil potential swing tradeTVC:USOIL
Price has just broken through the 71 resistance region.
(We will confirm this once the daily candle closes significantly above the area.)
A significant close above that would indicate bulls' strength and thus it would not be advisable to take the sell trade.
Our ideal scenario would be for price to hit our entry point,72.61, and then reverse and form a bearish pin bar with body around the 71 area.
Our sell limit is at 72.61
Stop loss at 76
and Take profit at 67.6
We will be watching carefully how today's bar closes.
Sell LtcUsd Now !!!!COINBASE:LTCUSD
We have gone short based on the formation of a bearish gartley.
Be careful with this trade. The dollar has been losing ground for the past couple of days.
Make sure to keep your stops tight.
Oil short opportunity.This is a follow up on my previous analysis on Oil. This is it on a lower time frame and my view has not changed at all. Looks like it is still has some upside to go, but according to my analysis, that will be short-lived. We have a bearish cypher pattern and bearish gartley pattern both completing at $73. If you remember from my previous analysis on the higher time frame, we have a possible Head and Shoulders, my view now is that the right shoulder is most likely going to complete at that 78.6. Either way, I am bearish on Oil.
CADCHF has formed a Bearish Gartley Potential for Reversal.CADCHF has formed a Bearish Gartley Potential for Reversal.
Enter Short around: 0.7450 - 0.7490
SL: 0.7538 -41 pips
TP: 0.7412 +88 pips
GBP/JPY bearish Gartley pattern I think we can enter a short position after the price breaks the bullish trend line.
US 30 H&S in Double Top: Could go down hard: ThrowoverSee the chart. See my bearish Gartley chart. Tariffs + FOMC rate hike + midterm elections = serious pressure on equities. Just starting down...
This is not investment advice. It's pure guesswork, trade at your own risk.
Bearish GartleyAnother Confirmation of the Bearish Power now on the Aussie Dollar with this Gartley Pattern with an decent R/R Ratio ,if you saw already my previous idea for the continuation of the bearish trend you can observed that i still in the trade and NOW the market give another opportunity to make money with this pair .
US 30 near Pivot; Bearish Gartley Completed 9/14/18Dow index has reached 1.618 Fibo on B-D arm 9/14 when pattern is drawn from closing price tops of candle bodies. A previous idea of mine showed it from top of wicks.
This is necromancy, folks. Somewhere in between lies reality. Expect to see that on Monday or perhaps Tuesday next week. Should arrive Thursday at the latest.
Target zone for pivot is depicted in chart with price labels. R3 is at 26331; anything is possible but it seems unlikely, given the geopolitical milieu.
Somewhere in the box between 26248-26288 is the most likely zone, just under the trendline reaching back thru June to April.
On decline, target is S1 at 25790, previously tested. Lower of course possible depending on sentiment and panic levels. S2-S5 depicted with labels.
Alternate path shown if rally fails; I expect index to test trendline in the box, however.
We have an exhaustion gap on 9/13 to backfill in a bear pennant, and investor sentiment is now >70% bullish, VIX near alltime lows and three major indices making new alltime highs.
See my linked post for explanation why 9/18 Dow of 26200 = 12/17 Dow of 27260. (Share buybacks, 2 components in bear territory.)
As always, trade at your own risk as I do not pretend to give investment advice and this post is an idea for education and entertainment only- good luck!
GBPJPY / H4 / HARMONIC GARTLEYPATTERN IDENTIFICATION: GARTLEY
*When we hit TP1 move your stop loss to the entry point*
Trade Ideas Position : GBPAUD GartleyLooking for a shorting opportunity at Pt D with Great Reward:Risk for this Deep Gartley setup or to some they may say trading at X, whichever it is, the Stop Loss, I would prefer to place will be above the spike on the left
CADCHF Bearish Gartley Formation!CADCHF will go bearish after completing the Gartley Pattern so we can go long for a while before going short.
US 30 in Complex ABC Correction WaveThis is a complex ABC correction coming off the August highs. Did not quite get to the Gartley Fibo at 26268, but within 100 pts of it for Fibo 1.55 will have to do.
There is a clear corrective 5 wave impulse evident in the A down leg, which is an organized, complex actionary impulse (labeled 1-2-3-4-5). This is not like the WXY pattern we saw in early August, it's true corrective trend actionary impulse and will likely carry index to significantly lower levels. This represents early technical breakdown.
We are near the end of countertrend reactionary B wave, which challenged Fibo 0.786 and then again came up to 0.618 before falling back.
This is a bull trap reaction wave.
Most recently, thanks to the Donald, a third rally attempt Friday to reclaim the highs was crushed. Thanks be to Trumptweets!
Given the constant tweeting, ongoing trade uncertainty and most importantly, cash outflows from mutual funds as parents return from vacation and withdraw assets to pay for prep schools and new cars for their college kids, it seems unlikely the markets will rally high enough to challenge the August low-volume highs.
It's no secret; people take their money out of the markets in September because they want to spend it. Real simple- seasonality.
And what better time to cash out than at the alltime high?!
'A' wave carried Dow -362; B retraced 224 pts at Fibo 0.618; C will be rough, at least as deep as A length, quite possibly 1.618xA = -586, as low as index 25,335 (target zone).
Look for a weak rally attempt early in the week of 10 Sep; before tweet Friday a rally was starting up and it is likely the bulls will try again once more.
Look for H&S and ascending wedges as the market struggles to regain higher price levels to enter shorts. Short entry above 26000 will likely be profitable.
As always, I post these opinions purely for speculative amusement and education, this does not in any way constitute investment advice;
trade at your own risk!
Good luck!
