Here we see a basic bat pattern at meets all criteria. I believe that the bat pattern is about to, or has completed and i on the rally to the 1.618. I have placed my stop at the lowest low of the pattern, my entry is in the middle of the previous structure around .80180. My limit is at the 1.618 extension of th BC leg. Thanks for checking us out, like comment...
Here we see a Gartley pattern in the finishing stages; We should be expecting a reversal in the next to candle sticks. As all harmonic patterns , i have placed an entry at the place of reversal,I have placed my stop at the top of the pattern and i have placed my limit at the 1.618 extension of the BC leg. leaving us with a 2:1 risk reward ratio. Please leave and...
Above we are seeing a wedge consolidation around 96.00. obviously inside of consolidation is when we look for patterns; and what do you know, we found a Butterfly pattern supported by a Gartley pattern in the end of the wedge, generally a wedge like this symbolizes a reversal, so we are using that as foundation that the Butterfly Pattern will complete Upon...
If you zoom out on this chart you will notice that the market has rallied out of a bat pattern and returned to previous structure. You will also notice i have highlighted a potential reversal zone in blue, and from which we can assume that the market, as usual, will respect structure, and return to structure lows. Here i have two patterns suggesting a reversal in...
Here we see a developing Bat pattern in a triangle or wedge pattern. we know that wedges generally rally out at 3/4 of the triangle, be it up or down. So what we should expect to see happen here is that the market will rally down into previous structure around the 1.618 extension of the AB leg. when the market does so, it will complete the bat pattern...
I see a Bat pattern in the AUD/JPY 30 min chart, around the 96.810 area. The market here seems to be in an uptrend, so it isn't bad to assume that the market could break out of consolidation and continue trend. But I believe since the market will be testing highs for the year, the market will complete the pattern and reverse down into the 1.618 extension of the...
This Gartley pattern formed at the end of consolidation suggests a long movement from a monthly low. if there is a break out of consolidation , the market will likely rally up into the 1.618 extension of the BC leg, around 1.45530. i have placed my order long keeping the risk reward ratio at 2:1. I have placed my stop at the lowest low of the Gartley pattern, and...
I believe that the bat pattern you see here has completed signaling a market reversal. the market should rally to the 1.618 extension of the BC leg . I have placed my entry at 1.13500 and my stop at the lowest low of the bat pattern , i have placed my limit at the 1.618 extension of the BC leg and i expect this will complete as predicted or fall down into previous...
In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley...
I noticed this ascending triangle and thought it would be a great opportunity for an easy 25 pips or so. I believe the market will break out above the resistance line and ascend toward the previous structure high that falls around the 1.618 extension of the first leg of the triangle. i have place my buy in just above the resistance level, my limit at the 1.618...
.This bat pattern is just completing at about .79810 i see this reversing and i will be trading it short to the 1.618 extension of the BC leg. my stop will be placed at the previous structure high about the bat pattern. Thanks for viewing and don't forget to comment ,like and follow. Good trading
This penny stock tagged HEMP appears to be in consolidation at about $.02 a share. What i see myself doing here is buying at $0.02 and waiting for the rally to the 1.618 extension of the BC leg, which is at about $0.025 a share. I will trail my stops in case there is a reversal but I believe the rally may continue into previous structure high around $0.035 a...
There is a bat pattern forming on the EUR?USD 1 hr. It apears as though the market will reverse after completing so i placed my buy at the end of the pattern as you can tell. After crossing that line we should see a rally to the 1.618 extension of the BC leg, giving us a roughly 2:1 risk reward ratio. follow this trade, it will be an interesting gain. Don't be...
After completing the crab pattern posted yesterday, we noticed that the market rallied into new structure highs. In the new consolidation I see a butterfly pattern on the 30 min GBP/USD charts. I caught it a little late but i'm getting in halfway down the trend still leaving me a roughly 2:1 risk reward and some decent profit. I believe that the market will...
This Gartley pattern appeared Yesterday and has provided solid evidence for a reversal. The Gartley pattern has completed, So it is time to short the market, It might be safer to wait until the market crosses the previous structure low set by the Garley pattern and then get out of the market when it reaches the next structure low around 91.8700. Don't forget to...
The market retraced before reaching our shorting point, but in the process recreated a crab pattern to complete in roughly the same zone. should keep the same shorting opportunity and stop limits. Good Trading
The market is about to complete a crab pattern, upon completion in the potential reversal zone, the market should retrace back to the 1.618 fib of the BC leg. please like and comment and don,t forget to follow me. Good trading !
So here we see a crab pattern on Sony's monthly charts, for you long-term traders. As you can see, the pattern completes and thus the reversal is in action. After 8 months, we see a retracment to the .500 fib. all rules continued as the market resumes trend and rally's to the 1.618 extension of the cup. It appears that the market will begin to consolidate in the...