Gartlely
BULLISH Gartley spotted on Daily AUDUSD AUDUSD is moving sideways which is always a good time to watch out for harmonics.
What I see is a nice Gartley pattern. Its D completes at pretty much the same spot where the AB=CD (green) completes.
Therefore I wait with my finger on the trigger.
-> Entry @0.7640
-> SL @0.7488
-> Target 1 goes to 0.7830
I'll be cautious @0.7731 (green horizontal line) which marks a level of significant structure
Happy to hear your opinion on this opportunity. Feel free to comment and happy pips to you all.
Nemo
GBPUSD / 60m / Bearish GartleyFX Analysis (2017-7-24)
Trading Tips:
Short term counter trend trading opportunity.
We have a Bearish Gartley completion right near previous structure resistance. However, this is against our the trend on 240min chart, thus we only look for a 382 retracement (618 for TP#2).
EUR/USD 4H - Bearish Gartley @ marketBearish Gartley had completed on Friday evening @1.0668
Excellent Risk/reward of 1.35/1 for the first target.
The price penetrated X point so whether the pattern is valid for you depends on your specific rules.
As long as it hasn't closed above X - the pattern is valid for me.
I will wait to see how the market wil open and take the trade.
Palladium: Multiple Bearish PatternsSo far Palladium has completed bearish 2618, AB=CD and Gartley Set-ups. The Gartley just triggered like 20 minutes ago and am pretty bummed I missed it. But there will be many more opportunities! Next I will be watching for a breakout of the wedge, or the formation of another bearish pattern.
Let me know your view!