Looking at a potential gartley on the EURGBP chart. Target 1 at the 382 AD leg and target 2 at 618. Waiting for price to enter the PRZ and a reason for entry.
A bit of consolidation currently but lets see where it goes from here
AB=CD.....looking for a harmonic retracement from D.
AUDCAD bat pattern. Targets at 382 and 50 fibs.
Ignore the purple - that's a potential Gartley pattern on the daily time frame. While I wait to see whether price action completes the Gartley I am looking at a potential structure trade. Price action has been in a pretty strong uptrend but we can see bearish divergence on the RSI. So looking for a pull back down to previous structure for a long entry.
EURGBP price action has hit its highest level since 2013 and now is going through a significant retracement. Would be looking for a retracement ideally to the 886 level where price action has found support previously. But also watching for any reasons for entry at the 786 level.
A number of possibilities on this trade. Price action closed just below the support of the flag with RSI not oversold. If price continues down to previous low there may be a possibility to go short on the pullback. That would also trigger a double-bottom which could create opportunities to go LONG!
Potential Gartley Pattern - the C point is pushing the 0.886 and arguably slightly higher but its close enough. Let's see how it plays out.
Possible Cypher Pattern forming on GBPUSD. If it forms perfectly to the D point, then the initial targets would line up nicely at an area of congestion (where price is currently at).
I missed this trade but a nice Gartley pattern formed here. 0.382 retracement target nicely hit.
Potential Bat pattern forming. D point is at a level where there was some previous structure (near the X point). There was also a Gartley pattern which was invalidated yesterday and so there is a possibility that price action could continue up beyond the D point of the Bat to a previous level of resistance at 1.32373 and invalidate the Bat but that is trading!...
Simple structure based trade. Double top with retest of resistance multiple times. RSI showing bearish divergence. Profit targets at previous structure. Let me know what you think :).