#IWM USA#IWM time frame 1 DAY
created a bullish Gartley pattern
entry level at 219 TO 217
stop loss 216
first target at 226.30
second target 232.36 up to 236.67
NOTE : this data according to time frame I DAY
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
Gartley
Pepe 4 to 5 Wave Zoomed Be careful with the corrective ABC pattern leading to Wave 5. Red line resistance Anchored VWAP from high of wave start.
Fibs drawn from C minor of 4 major Wave and not (4) to c minor.. to get resistance levels. Be careful because Wave 3 (C) is the longest wave. Nice long ride
ADA/USDT Bullish Setup Gartley Bullish Harmonic Pattern1. Market Analysis:
Asset: ADA/USDT (Cardano vs. USDT)
Pattern: Bullish Gartley harmonic pattern detected on the daily timeframe.
Key Levels: Price is approaching the D-point, which is at the 78.6% Fibonacci retracement of the XA leg, near a strong support zone, signaling a potential bullish reversal.
2. Gartley Pattern Details:
XA Leg: Strong initial move upward.
AB Leg: Retraces approximately 61.8% of XA.
BC Leg: Extends between 38.2% and 88.6% of AB.
CD Leg: Completes at 78.6% retracement of XA (D-point).
D Completion Zone: A critical area to monitor for bullish price action.
3. Trade Setup:
Entry Point:
Enter a long position at or near the D-point when a bullish reversal signal is confirmed (e.g., bullish engulfing, hammer candlestick, or a pin bar).
Stop-Loss:
Place the stop-loss slightly below the D-point or the nearest support level to protect against pattern invalidation.
Take-Profit Levels:
TP1: 38.2% Fibonacci retracement of the CD leg.
TP2: 61.8% Fibonacci retracement of the CD leg.
TP3 (Optional): Full retracement to the XA high.
4. Risk Management:
Position Size: Use proper risk management, risking no more than 1-2% of your trading capital.
Risk-Reward Ratio: Aim for at least a 1:2 risk-reward ratio.
5. Additional Confirmation:
Volume Analysis: Look for an increase in volume as the price reaches the D-point, which indicates strong buying interest.
Oscillator Signals: Use RSI or MACD to confirm oversold conditions or bullish divergence near the D-point.
6. Trade Execution:
Order Placement:
Set a buy limit order near the D-point if confident in the pattern.
Alternatively, wait for a confirmed bullish signal before entering the trade.
Trail Stops: Adjust stop-loss as the trade progresses to secure profits and reduce risk.
XRP/USDT Bullish Setup Gartley Bullish Harmonic Pattern
TradingView Trade Plan: XRP/USDT Bullish Setup
Gartley Bullish Harmonic Pattern (Daily Timeframe)
1. Market Analysis:
Asset: XRP/USDT (Ripple vs. USDT)
Pattern: Bullish Gartley harmonic pattern identified on the daily timeframe.
Key Levels: The price is approaching the D-point, which aligns with the 78.6% Fibonacci retracement of the XA leg and a critical support zone, suggesting a potential bullish reversal.
2. Gartley Pattern Details:
XA Leg: Initial strong upward move.
AB Leg: Retraces 61.8% of XA.
BC Leg: Extends between 38.2% and 88.6% of AB.
CD Leg: Completes at 78.6% retracement of XA, the D-point.
Completion Zone (D-Point): Look for bullish reversal signals around this level.
3. Trade Setup:
Entry Point:
Enter a long position when price action confirms a reversal at or near the D-point (e.g., bullish engulfing, hammer candle, or pin bar).
Stop-Loss:
Place the stop-loss slightly below the D-point or a nearby support zone to account for pattern invalidation.
Take-Profit Levels:
TP1: 38.2% retracement of the CD leg.
TP2: 61.8% retracement of the CD leg.
TP3 (optional): Full retracement to the XA high.
4. Risk Management:
Position Size: Use proper risk management, risking no more than 1-2% of total trading capital.
Risk-Reward Ratio: Ensure the setup offers a favorable risk-reward ratio (minimum 1:2).
5. Additional Confirmation:
Volume Analysis: Look for increasing volume near the D-point, signaling buying interest.
Oscillator Support: Look for RSI or MACD divergence or oversold conditions around the D-point for added confidence.
6. Trade Execution:
Place Orders:
Use a buy limit order near the D-point if confident in the pattern completion.
Alternatively, wait for bullish candlestick confirmation before entering.
Adjust Stops: Trail the stop-loss as the trade progresses to secure profits and minimize risk.
ETH/USDT Bullish Setup1. Market Analysis:
Asset: ETH/USDT (Ethereum vs. USDT)
Pattern: Bullish Gartley harmonic pattern identified on the daily timeframe.
Key Levels: Price is approaching the completion point (D), which aligns with strong support zones, indicating a potential bullish reversal.
2. Gartley Pattern Details:
Pattern Structure:
XA: Initial impulse leg.
AB: Retraces 61.8% of XA.
BC: Extends between 38.2% and 88.6% of AB.
CD: Completes at 78.6% retracement of XA.
D Completion Zone: This is the key area to watch for bullish price action confirmation.
3. Trade Setup:
Entry Point:
Enter a long position when price action confirms a reversal at or near the D-point (e.g., bullish engulfing, hammer candle).
Stop-Loss:
Place the stop-loss below the D-point or a nearby support zone to protect against invalidation of the pattern.
Take-Profit Levels:
First Target (TP1): 38.2% retracement of the CD leg.
Second Target (TP2): 61.8% retracement of the CD leg.
Optional Target (TP3): Full retracement to the XA high.
4. Risk Management:
Position Size: Base the position size on the risk tolerance and distance between entry and stop-loss, ensuring no more than 1-2% of trading capital is at risk.
Risk-Reward Ratio: Aim for at least a 1:2 risk-reward ratio.
5. Additional Confirmation:
Volume Analysis: Look for increasing volume as price reverses from the D-point, signaling strong buying interest.
Oscillator Support: Check RSI/MACD for oversold conditions or bullish divergence near the D-point for additional confirmation.
6. Trade Execution:
Place Orders:
Set a buy limit order near the D-point if confident in the pattern’s completion.
Alternatively, wait for bullish confirmation before entering.
Adjust Stops: Trail the stop-loss to lock in profits as price moves toward take-profit levels.
BTC Short Term Time Frame GartleyBlue line resistance Anchored VWAP from Monday 30 low
Red line resistanceAnchored VWAP from all time high
0.382 resistance to seesion VWAP resistance
Fib resistance levels for Gartley on left
Possible retrace from fib resistance back down to Gartley Harmonic D 0.782 IF momentum doesn't favor the uptrend.
Pepe big picture Gartley I am concious but unsure of this happening now. Timing wise. Mini Gartley posted earlier bullish but to put on your radar theres a bigger picture. Nee more data to confirm. Unbias until receive more data. Now is the time based on Fib Based time for a dump. Unsure so play it safe until then.
Playing Both Sides of the Upcoming USD Monetary Policy DecisionTwo trading opportunities for the price of one today as we look at difference scenarios that may play out from out upcoming US monetary policy announcement this Wednesday.
The first trading opportunity on the NZDUSD is a bearish trend continuation/breakout trade that would take advantage of US Dollar strength in the market.
The second trading opportunity on the AUDUSD is a bearish gartley pattern that would complete if the reaction to Wednesday's decision provided us with US Dollar weakness.
I personally would not recommend trading through these news events, rather waiting for the outcome (confirmation) and making a decision afterwards, but it's your money and you can do whatever you want with it! lol
If you have any questions, comments or want to share you views, please do so below as I love reading through them.
Akil
XRP Analysis==>>Correction Signs!!!XRP ( BINANCE:XRPUSDT ) is moving in the Resistance zone($2.63-$2.50) .
In this post, I want to show you some signs that XRP may still need to be corrected in a one-hour time frame :
1 -Regarding Classical Technical Analysis , XRP seems to have succeeded in forming the Rising Wedge Pattern .
2 -The formation of the Evening Star Candlestick Pattern in the Resistance zone can signify the reverse of XRP .
3 -The formation of the Bearish Gartley Harmonic Pattern can also be another sign of the decline of XRP .
4 -According to Elliott wave theory , XRP seems to be completing the main wave 4 .
I expect XRP to break the lower line of the Rising Wedge Pattern , which should drop to at least $2.38 . If the Support line is broken, the next target will be the Support zone($2.25-$2.17) .
⚠️Note: If XRP manages to break the Resistance zone($2.63-$2.50), we can expect an XRP pump.⚠️
XRP Analyze (XRPUSDT), 1-hour time frame⏰.
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XAUUSD has a high short-term downside riskOn the 4-hour chart, XAUUSD has rebounded from a short-term shock, and bears have the upper hand. Currently, the support below is around 2605. If it falls below, it is expected to continue to fall, and the downside target is 2554-2576. When the price tests the 2554-2576 area and stabilizes, you can pay attention to the bullish Gartley pattern. If the price breaks through the resistance near 2666, it will rise again.