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Gartley

Wakey Wakey . . XRP Gart & FakeyHey crew, gonna drop this on ya. I probably shouldn't because "they" watch my sh!t close and I've had to figure out how to post price levels without actually posting my personal entry / exit points. I've literally had orders miss filling ROUTINELY by as little as .001 to .0001 which as you can imagine is enough to drive a person to drink lighter fluid laced egg nog even if it's NOT Christmas. So here's the shakey shake . . 1. Remember, XRP always pumps before dumps. 2. Keep an eye on Bitty and especially the S&P 500, there's some pretty good parity there and insight into overall market directions. It's still pretty comical that crypto will trade in some degree of parity to broader markets BUT, that's "probably" intentional because if "regulators" can make the case that crypto trades to 70% or greater correlation to broader markets then they can further strengthen their claim that crypto should be classified and therefore REGULATED like securites. (FtheSECbtw, you guys are F%$@#rs) 3. Garts pretty much NEVER play nice with XRP so don't be alarmed if/when this one doesn't either. Maybe we'll get some 50/100 day ema fingerbang action in which case, I'd be TP scalping from those 0.37 buys if you got em. I personally like XRP at lower levels, who doesn't? Even if you're a salty bull from > 1$ levels then you know it's just more opportunity to lower the cost basis, amirite? ;) Hold the line and don't be afraid to hedge even at these levels. I still think we have a date with 10 cents. Stay frosty and remember, * * * Not investment advice * * * Box
by FudBox
A 711pips of profits that could be yoursA 711pips of profits could be yours if you join our Weekly Wednesday LIVE Streaming Session on TradingView. Should you ask me my view on EURJPY and choose to engage the Bullish Deep Gartley Pattern at 138.17? What happens next could be of better use to you, a Potential Bearish Flag Pattern trading setup. There are 2 ways I would engage it. The first way is to wait for a break and close below the current trendline, and I'll wait for a retest before engaging the trade. Another way would require the market to rebound and pause on the higher trendline. That is when I will wait for a candlestick pattern confirmation before engaging the trade.
Short
by RaynLim
1
VeChain (VET) formed big bullish Gartley for upto 39% pumpHi friends, hope you are well, and welcome to the new trade setup of VeChain (VET) coin with US Dollar pair. Previously I shared a long-term trade setup for VET, which is still in play as below: Now on a daily time frame, VET has formed a bullish Gartley move for another price reversal. (due to extreme sell-off, priceline broke down the potential reversal zone and it was likely to behave like a bullish Butterfly move, but recovered soon, and still it can behave like a bullish Gartley ) Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
USDCAD ADVANCE HARMONICS PATTERN GARTLEY PATTERN USDCAD has formed an advance harmonics pattern Gartley on its hourly chart. The price is trading the EL: 1.36936. ST: 1.36777. target1: 62% XA: 1.37522 79% XA: 1.37798 Target2 127% XA: 1.38590 162% XA: 1.39149 Little about Harmonics : The concept of )armonic 1atterns was established by ).M. Gartley in 2. Gartley wrote about a 5-point pattern (known as Gartley) in his book 1rofits in the 4tock Market. -arry 1esavento has improved this pattern with Fibonacci ratios and established rules on how to trade the “Gartley” pattern in his book Fibonacci 3atios with 1attern 3ecognition. There are few other authors who have worked on this pattern theory, but the best work to my knowledge is done by 4cott $arney in his books of “)armonic Trading.” 4cott $arney also invented patterns like “$rab,” “Bat,” “4hark” and “5-” and added real depth of knowledge for their trading rules, validity and riskmoney management. The primary theory behind harmonic patterns is based on pricetime movements which adhere to Fibonacci ratio relationships and its symmetry in markets. Fibonacci ratio analysis works well with any market and on any timeframe chart. The basic idea of using these ratios is to identify key turning points, retracements and eYtensions along with a series of the swing high and the swing low points. The derived proKections and retracements using these swing points ()ighs and -ows) will give key price levels for Targets or 4tops. )armonic patterns construct geometric pattern structures (retracement and projection swingslegs) using Fibonacci seRuences. These harmonic structures identified as specified (harmonic) patterns provide uniRue opportunities for traders, such as potential price movements and key turning or trend reversal points. This factor adds an edge for traders as harmonic patterns attempt to provide highly trustworthy information on price entries, stops and targets information. This may be a key differentiation with other indicators oscillators and how they work.
Long
by TradeChartPatternsLikeThePros