Confirmations for Gartley Pattern - A-B must touch 0.618 but cannot touch 0.786 - B-C must touch 0.236 but cannot exceed A - D completion at 1.272 (Trend Extension) or 0.786 from normal measurement - First TP at 0.618 (Fibonacci from D-A) - Second TP at 0.382 (Fibonacci from D-A) - Third TP would be back to where it all started Good Trading.
Confirmations for 2618: - double Top - measure bearish impulse - retracement at 0.618 (on this case a pullback) - sell towards -0.27 (take profit) Double Top + 0.618 = 2618 Good Trading.
Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) Price still has to reach 0.786 for D completion and I'll be looking to...
Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP would be long term Good Trading
0-1 There was a Cypher Pattern, which gave us point 1 completion at -0.618. 1-2 ABC Pattern was formed. 2-3 Bullish impulse from ABCs and X-A of Gartley Pattern. 3-4 Type of ABCD formation that gave us D completion of Gartley Pattern exactly at 0.786. 4 to 5 I expect Channel to be completed...
Confirmations for Gartley Pattern - A-B must touch 0.618 but cannot touch 0.786 - B-C must touch 0.236 but cannot exceed A - D completion at 1.272 (Trend Extension) or 0.786 from normal measurement - take profits at 0.382 and 0.618 (Fibonacci from A-D) Good Trading.
Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 (on this case B is at 0.5) - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) ABCs inside left leg gave bearish impulse...
2618 Setup - double floor - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Flooe + 0.618 = 2618 There's a perfect support and retest for that double floor that gave us this bullish impulse towards -0.618, at this point a major retracement is needed for further bullish movement, ABCs gave us that by consolidating and reaching 0.786 for...
At left side we can se half a pattern, which I published After Butterfly Pattern price went bullish and until I saw some divergence in MACD I planned a trade, we can see how it's up trend on chart, but down trend on MACD. Right away I managed to find a pullback, I measured bearish impulse by placing 0.236 below pullback and got exactly 0.618 at top, perfect...
Ending Diagonal confirmations: - 1 and 4 at same price - 5 clear points - take profits between 0.786 - 0.886 Butterfly Pattern confirmations: - A-B must touch 0.786, but cannot exceed X - B-C touches 0.382, but sometimes goes further (does not exceed A) - ABCD formation. D has to reach outside X and touch 1.272 or 1.618 - TP 0.382 TP2 0.618 (Fibo A-D)...
Butterfly Pattern confirmations: - A-B must touch 0.786, but cannot exceed X - B-C touches 0.382, but sometimes goes further (does not exceed A) - ABCD formation. D has to reach outside X and touch 1.272 or 1.618 - TP 0.382 TP2 0.618 (Fibo A-D) 2618 confirmations: - double top - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Top...
First there was a Deep Crab formation, which was completed by going bullish to previous resistance, after marking higher high it went bearish forming an Ending Channel, at that point I saw divergence, because the entire consolidation made a double floor insdie MACD, which gave us that bullish impulse for D completion of a Shark Pattern. At D there's a possible...
Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close above 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP back to resistance MACD shows double floor for bullish...
Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414, on this case it was 1.414 - 1.618 area. (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C (0.786 - 0.886 area) - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP...
Gartley Pattern confirmations: - A-B must touch 0.618 but cannot touch 0.786 - B-C must touch 0.236 but cannot exceed A - D completion at 1.272 (Trend Extension) or 0.786 from normal measurement (on this case 0.786 - 0.886 area) - take profits at 0.382 and 0.618 (Fibonacci from A-D) I expect Gartley to be completed for some type of bearish continuation on...
At left side we can see a flag was formed and completed at -0.27 for our 2618 setup: - double top - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Top + 0.618 = 2618 TP3 (1.618) would be long term for major retracement at previous 0.786 - 0.886 area. Indicators: EMA= Both lines haved crossed telling us change of impulse MACD= Double...
Confirmations for Bat Pattern: - A-B must touch 0.5, but cannot touch 0.618 - B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236 - D completion at 0.886 (Fibo X-A) - take profits at 0.382 and 0.618 (Fibo A-D) If price doesn't react right now, it will retrace to 0.886 for bullish impulse Good Trading
Bearish Butterfly Pattern - A-B must touch 0.786, but cannot exceed X - B-C touches 0.382, but sometimes goes further (does not exceed A) - ABCD formation. D has to reach outside X and touch 1.272 or 1.618 (on this case 1.618) - TP 0.382 TP2 0.618 (Fibo A-D)