WynnFX

WynnFX

EUR/USD has formed a Bearish Gartley and Evening Star candlestick pattern on the 4-hr. chart. See chart for more info.

WynnFX

Evening Star candlestick pattern and MACD Divergence warn of a larger pullback. Note: Large multi-national stocks can be negatively impacted by a very strong dollar, because it may make their products too expensive in foreign markets

WynnFX

Short EUR/USD off of 1-hr. chart. Bearish Butterfly pattern completed between 1.272XA & 1.618XA levels. Evening Star candlestick pattern (with Shooting Star as the middle candle) completed on Friday afternoon. EUR/USD has been in a sustained downtrend for awhile now. The trend will reverse at some point of course but we have to trade these Bearish patterns...

WynnFX

A Bearish Butterfly pattern has formed on 1-hr., EUR/USD chart. Stop is placed above the 1.618 extension of XA. It would be a valid butterfly up to this level (in my opinion). : )

WynnFX

Nice SELL pattern in an established downtrend. Bearish Gartley.

WynnFX

Stop-Loss level drawn on this chart. Happy Trading!

WynnFX

USD/JPY has formed a Bullish Gartley on the 4-hr. chart. See chart for details. Stop is below 120.27 which is the 1.272 retracement of XA.

WynnFX

Spinning Top & Shooting Star on Weekly chart. Bearish Engulfing candlestick on Daily chart. Bearish Gartley pattern on Daily chart. Manage your risk. Note: The last candle on this weekly chart will not Complete until end of trading day tomorrow (Friday, Feb. 27th). This pair is very volatile. Happy Trading. 02/27/2015 3:10 P.M. EST Update: Unless there is...

WynnFX

A Bearish Gartley Pattern has formed on the Daily chart of the GBP/USD. See chart for pattern data. Please do your own calculations. Stop is Above X. I always put my stop Above X in a Bearish pattern and Below X in a Bullish pattern. Happy Trading! Note: Some traders use terms for some of these patterns that Scott Carney is credited with (Crab, Bat, etc.). ...

WynnFX

A Bearish Gartley pattern has formed on the Daily chart of the GBP/USD. Current D point is around the 78.6% retracement of XA and the 1.618AB=CD level. Stop above X. Happy Trading.

WynnFX

Good example of a Bearish Gartley pattern on Daily chart of USD/CAD.

WynnFX

USD/JPY has formed a Bearish Gartley pattern on the Daily chart. I usually try for the 38.2% and 50.0% Fibonacci Retracements of AD. AB = CD @ 119.88. 1.272AB = CD @ 120.69. High Probability Reversal Area (HPRA) is between these two numbers (119.88 -- 120.69). Stop is above point X. See Chart for pattern data. Happy Trading!

WynnFX

EUR/USD Bearish Gartley UPDATE with Profit Targets.

WynnFX

Bearish Gartley pattern has formed on the 4-hr., EUR/USD chart. The D point is currently around the 78.6% retracement of XA. This is what I have been waiting for. A nice sell pattern in an established downtrend. Profit Targets are at the 38.2%, 50.0%, and 61.8% Fibonacci Retracements of AD ( 1.1366, 1.1315, and 1.1263 respectively). Happy Trading!

WynnFX

Bullish Gartley pattern has formed on the GBP/JPY 4-hr. chart. See chart for details. Happy Trading! Stop below point X a minimum of one Daily ATR away.

WynnFX

USD/JPY has been in a long-term uptrend for quite a while. I prefer buying on any pullbacks. This is a nice Bullish Gartley pattern to go Long. Happy Trading. Have a great weekend!

WynnFX

The EUR/JPY has formed a Bearish Gartley pattern on the 4-hr. chart. Stop is above point X.

WynnFX

Bearish Gartley has formed on the Daily chart of EUR/USD. Also, a nice Hammer candlestick has formed, which is also a bearish signal. May be a good chance to get short without chasing price. Be careful. Risk above point X @ 1.2994. Markets are very volatile.