Don't feel bad if you have missed the Bearish Shark Pattern movement, especially if you have deliberately avoided it. I believe you would have regretted if you had long instead of shorting the Shark Pattern because you saw the news that the Bank of England had planned to increase the bank interest rate. It is important that you know to stay out of news trading,...
EURUSD is on a Bearish Trend, and if you are on plan to long EURUSD like I did, you are in a counter-trend trade. If you have a long EURUSD base on the Bullish Shark setup(link at the bottom), the target2 based on the textbook case has fulfilled its final target level, not for me. I'm waiting for one of the two different trading opportunities to have an...
Bullish Deep Gartley Pattern for traders to hop in for a buying opportunity. I love the Traditional Gartley Pattern, but I love Deep Gartley Pattern better. Deep Gartley Pattern give a better returns.
Traders need to plan their trade; even there wasn't any trading setup, this happened to us last week(check last week's related ideas within TradingView). This week, we have upgraded from a Zero trading setup to a VIP trading setup. We have a Bullish Shark Pattern complete within the Buy Zone on the 1hourly chart. What makes this trade special is that we could...
We have a Bullish Deep Gartley on the Daily Chart. There are 3 things that I'm not comfortable with this Deep Gartley Pattern are: 1) A retest at Point C 2) Consolidation right before the Gartley Pattern completion. 3) Strong Bearish Candle as the Terminal Bar of the Harmonic Pattern. However, what's comforting to see is that the Weekly Support...
Remember the Bearish Shark on the 4-hourly chart I'd shared last week? It has made its 4 runs towards its profits of 117pips each run, that's 1,170USD per standard lot on each run, and it is reaching its fifth run. If you had missed those waves, don't miss them again! You might have a chance to engage the trade on the Bearish Gartley Pattern, if you manage to...
Here we have a Bearish Butterfly Pattern on the 4-hourly chart. On the higher timeframe, we have a Bearish Deep Gartley Pattern at X that is just a few pips away from completion. I've shorted the USDJPY because of these two combinations. Furthermore, I have an RSI Divergence on the current timeframe. The second target has a more than 2:1 ratio. Let's see how...
Wait for it... The Range Bar chart has given me to short this pair at 156.09 and has exited at 155.36, a total of 73pips which translates to 639.75USD/lot traded. If I were you, I will not immediately engage the Bullish Deep Gartley Pattern, even when it is a trend trading setup formed within the Buy Zone or known as the Demand Zone. With such a strong bearish...
If you have followed me, you would have known that I've shorted CADJPY on the Range Bar Chart as a Bearish Bat Pattern path the way. What I did is to engage, took my conservative target, shift stops to entry and stretch my final target to the Bullish Deep Gartley Pattern. Before you start thinking out of the box, your fundamental has to be right.
Some traders may read this as a type 2 Bullish Bat Pattern but are certainly not for me. If you are having that conclusion by reading the candlestick pattern, you aren't wrong, but once again not for me. I would prefer to engage the trade based on the latest Harmonic Patterns formed in the chart, which is the Bullish Deep Gartley Pattern. The Deep Gartley Pattern...
A Bearish Deep Gartley Pattern is about to emerge. It seems that recently is a Gartley season. What do you think? What I like about this setup is that the Harmonic Pattern is formed within the sell zone.
Deep Gartley Pattern has formed up on GBPJPY and has retested X. Counter-Trend Traders can head in for a shorting opportunity.
Compare to EURUSD, the GBPUSD Bearish Deep Gartley Pattern isn't as promising. There are 2 reasons for that: 1) The candle break and close above Point D, the PRZ. 2) Point BC has a violation. You can DM me on the reason for the violation and I let you know if you are on the right track. However, if you are a 4-hourly chart trader, you can wait for candle...
I know, I know... Lots of Harmonic Traders will not take this trade. But personally, I've tested this particular formation for more than 5years and it works perfectly for me so I'm going to take it. Deep Gartley Pattern at X is my favourite setup as it gives 1 of the best reward:risk ratio which happens to be the top 3 filters in my list. Combo with long shadow...
If you had watched the video analysis, you would have seen how the wick of the candlestick touches the Bearish Parallel Channel and reverse. That's when you know you have plotted the trendline or channel accurately. Within this 1-hourly chart, from X to A leg, there is an AB=CD Pattern hidden within the setup. Are you able to spot it? This is a quick check on...
A Type 2 Bullish Bat Pattern completed at 1.3420. Why is it important to know if it is a Type1 pattern or a Type2 pattern? Well, a Type 2 pattern simply means that the Harmonic Pattern has reached Target1(at the minimum), this means that some of the traders who were on it, has already got off the ride, lesser traders in that direction means weaker movement. You...
A Bearish Deep Gartley forms within the consolidation just before the bullish bat. However, there is a bullish bat pattern has completed on the 1-hourly chart that allows me to apply my stretch trading management. Let's see how this trade rolls out.
I've engaged the AUDCAD trade on the M15 chart 0.9157 on a Bullish Gartley or a Bullish Deep Gartley Pattern to some who differentiate the two setups. The Gartley Pattern gives me a second entry opportunity of the 4-hourly chart's Bat Pattern for a buying opportunity on the Bullish Bat. That's why is ok to miss the trade and just be patient and wait for a second...