Anti-Gartley Plus the beginning of a D leg For the AB=CD Pattern forming on the weekly.
GCAD looking bearish. AB=BC pattern completed, bearish divergence and line cross in Stoch. Using fib confluence, Structure, and EW to help make a possible projection. There is also a potential head and shoulders setting up for people who like to trade that pattern :)
Doing some analysis on the larger time frames. Looks like GA will be going down for a while... GBPAUD Strong Bearish D leg and then look to long at the finish of the gartley :) We see the price bouncing off the pitchfork and the .5 fib retracement off the last impulse leg. Also a Bearish divergence in the Stoch with a bearish line cross. Be ready to take...
Wave 2-3 cannot retrace more than 75% of wave 1-2. Look for divergence in indicators when price hits 4 point, where you will get in long. Look for a possible Anti-Gartley harmonic pattern completion and price reversal as it hits second TP second TP (1.272 0-1 Fib. inversion).
Divergence in multiple indicators, A-E complete in ascending wedge after bullish impulse leg. I used the .618 point on a retracement of the 3rd leg and structure to find my first TP as recommended for this pattern type. I mostly used structure for my second TP but I did keep that 1,272 in mind while picking a specific price to place it. Good Luck, hopefully we...
Just got in short. Will be last trade of the day. Having a great day. Already hit one TP in GA earlier today, hopfully it hits both of these by the EOD.. Divergence, pattern completion.. Using structure and MA for target location.
This is just an update to my other GBPNZD. I usually never do this but I noticed an obvious mistake in my stop placement and moved it up. I noticed after it broke the orange trend line that the price may continue to rise. Then I realized that the price has been testing the 100ma and bouncing back off of it for this whole trend. Considering it was just a...
First trade of the night, Ascending wedge, Indicators/Price Divergence, Indecision candles as price hits resistance..
.% fib line and trend line convergence, with indicator/price divergence :)
I just got short GN. I know my chart doesnt show much but this was basically a break of structure play.
1.618 hit, Divergence, London open, potential double top.. Stop behind .786 of last major impulse leg :)
Divergence in indicators, Making a double top, Hitting a Gann orbital, ascending wedge, plus this looks like a Strong D leg for the harmonic pattern that is setting up. Good Luck!