Gartleybull
BULLISH GARTLEY FOR SMALL GAIN?
Hello traders! A Bullish Gartley reversal pattern possibly developing awaiting the completion of the D point. The measurements for the X-A retracement didn't quite meet the requirements to validate the pattern. The B point was off by a few percentages but the setup looks good since price barely broke below 129.200 before a small pullback. We may see a bearish move to retest the PRZ during London session where we will monitor price action in this area for a buy opportunity if our confirmations give the signal. This is an idea and should not be interpreted as a signal, it is shared for educational purposes.
Good luck to all traders and trade smart, don't gamble.
GBPCAD - Gartley Confirmed - BUY to 1.7000-1.7100GBPCAD
X-A - Impulse leg
A-B - Touched 61.8% FIB - Didn't touch 78.6% - YES
B-C - Touched 61.8% - Didn't touch 100% - YES
C-D - Touched 78.6% - Didn't break X
Long to 50% FIB level at 1.7000-1.7100
Like and follow for more analysis!
www.forexstoreau.com
Bullish Gartley Pattern on Alpha FXLooking at the Daily, Alpha FX has rallied in a long XA leg up to 850p (point A), price retraced just past the 0.618 retracement level to point B, then bounced and retraced to the 0.618 retracement level of AB at point C. Look for price to bounce and hit the 1.272 extension level of line AB at around 610p in early October. If it does, go long. First target is at 700 for a nice 13.75% return.
GBP/NZD 4H Bull Gartley @ 1.88515Following bearish swing pair is now forming bearish flag pattern on 1D time frame. (see pic.below)
Inside the flag pattern pair is now potentially forming a bullish gartley , that is completing right below the trendline of the flag.
RSI is nearly oversold already so we may see it diverging at the completion of the pattern which is just excellent confirmation of patterns validity.
ATR based stops below the gartleys starting point X.
Trade your plan and good luck in the markets!
BTC bull gartley completion on the 4HHTF: 1D
We could be forming a potential falling wedge formation on the daily, 2 touches on the bottom trend line and the bullish gartley on the LTF 4H could be the leg up to complete the second touch of the top trend line on the daily.
Reason for entry: Bullish gartley completion on the 4H
Entry: $3915
Stop loss: $3595 (BTC could head down to form a channel instead of wedge)
Target 1: 38.6 fib of A-D ($4082)
Target 2: 61.9 fib of A-D ($4238)
Target 3 Top of the falling wedge trend line ($4480)
GBPUSD (H4): Gartley Pattern FormationGBPUSD
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Gartley Pattern Formation almost completed
- Stochastic Oversold momentum in both (H4 and 1D)
- Gap between 8EMA and 50EMA is quite wide, should narrow back
- Fundamentally, despite Brexit uncertainty, there was a glimpse of positivity that the Tories want to stand behind Theresa May and get through this.
Suggested Trade:
Entry @ Area of Interest 1.2830 - 1.2930
SL: 1.2969
TP: 1.3111
RR: Approx. 1.97 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
OMGBTC Bullish XABCDOMG is a coin with great fundamentals its price went dip due to overall market capitalization decrease. The price bounced however an uptrend was broken and the price found a new support forming bullish XABCD pattern. Indicators become bullish which enhances the probability of this scenario.
We expect a gradual rise which will finish the pattern and then corrective consolidation. We will reenter this position when it finishes. Updates will be provided in the Premium channel
QLCBTC Breakout confirmedThe coin was in descending channel, however there was a breakout which has been confirmed today when XABCD Gartley formation appeared. Indicators start to become bullish again, probably the best moment to grab this coin cheap. Accurately follow instructions in the signal.
If the price goes to the stop loss around 0.0000135 then wait till rebound which should happen and sell around buying zone or a bit higher, then you should buy the coin again around 0.0000100