ggekkotrader

ggekkotrader

A little late the party, but recent retracement offers an opportunity to jump on board I am seeing a bearish bat pattern. Unfortunately, it didn't quite penetrate PRZ, just tickled the lower boundary of it, so I can't eliminate a possibility of another leg up into PRZ. But I can only go by what is in front of me. BEARISH BAT PATTERN PRZ = 13384.1 -...

ggekkotrader

Not for a faint hearted - Personally going to skip this trade ... but will insert here for self education purposes.

ggekkotrader

Did not spot it in time ... going to go into my study chart book for future reference... and perhaps if Market Gods will offer a retracement might consider jumping on-board .... Beautiful trade for those who spotted it in time. Keep your eyes and ears open ...

ggekkotrader

This idea builds on previous idea, where BAT pattern was identified. On a second pass at an idea, noticed that within BAT there was a DEEP CRAB pattern. So posting two together here. Good trading, Gekko

ggekkotrader Updated 

Price is rallying and the first port of call is possible Bat Pattern Price has also formed a classical ascending triangle that could imply that market is bullish, but could proof to be a false break out and reversal back to down. Time will show. Pattern: BAT PRZ: 13142.8 - 13113.1 1.618BC = 3113.1 0.886XA = 13126.8 1.618ABC = 13142.8

ggekkotrader

Potential BULLISH BUTTERFLY harmonic pattern is in development in DAX30 (1H) PRZ - 12403.2 - 12489.0 1.272XA = 12403.2 1.00ABC = 12447.2 1.618BC = 12489

ggekkotrader

PRZ = 0.92392 - 0.92474 1.272XA = 0.92392 2.00BC = 0.92474 1.272ABC = 0.92449

ggekkotrader

EURUSD - 4H - DEEP CRAB PRZ = 1.11759 - 1.11399 1.618XA = 1.11759 3.00BC = 1.11399 3.272BC = 1.11730 3.00ABC = 1.11648

ggekkotrader

I thought there will be a bat pattern similar to one in DAX, but it appears that ALT BAT is a more likely possibility based on confluence of fib levels. Time will show. PRZ = 25128.3 - 25239 1.13XA = 25128.3 2.618BC = 25234.8 2.00ABC = 25239 Happy Trading!!! GG

ggekkotrader

DAX appears to be developing a potential BAT pattern on 4H TF. PRZ = 11155.2 - 11230.5 0.886XA = 11230.5 2.618BC = 11155.2 1.618ABC = 11194 Happy trading! GG

ggekkotrader

Possibility of short term corrective swing from possible PRZ at the completion of Deep Crab on 15 minute chart. PRZ = 10584.7 - 10600.7 1.618XA = 10596.2 2.618BC = 10584.7 1.272ABC = 10600.7

ggekkotrader

Adding to my watchlist, CHFJPY Butterfly in development.

ggekkotrader

Watching price action closely at Gartley PRZ. Could be a reversal. Gartley PRZ = 1.72871 - 1.72833 0.786XA = 1.72871 1.272BC = 1.72833 But noticing that BCD leg of Gartley is forming a Crab like pattern also, gives me caution as price might trade a bit lower into Crab PRZ before reversing. Watching for LONG confirmations.

ggekkotrader

PRZ = 1.69216 - 1.68527 1.618XA = 1.68527 3.618BC = 1.68605 1.618ABC = 1.69216 Happy Trading GG

ggekkotrader

NZD USD 1H TF Pattern in Development ======================= Deep Crab is developing on 1H TF. Watch price action in projected PRZ. Possible Short. PRZ = 0.62041 - 0.62096 1.618XA = 0.62041 2.618BC = 0.62096 1.272ABC = 0.62021 Happy Trading! GG

ggekkotrader

... But better late than never. Nicely formed Gartley Pattern to trade Happy trading

ggekkotrader

I don't have much experience or confidence trading this sort of pattern 1-2-3. So not going to be taking a trade, but wish to note it down as part of my back and forward testing of this pattern to see if it offers any edge. Decided to publish in case if anyone out there is interested in this sort of pattern.

ggekkotrader

Gartley HCP on 1H. Let's see how this plays out. Dow can be challenging to trade (at least for me) so minimal risk.