AndrewNatter

AndrewNatter Updated 

Mkt in bullish trend. As long as bulls hold above the 14.80 invalidation area expectation is a test of 18.25 resistance zone. Mkt is currently retracing towards 16.00 broken resistance zone which is likely to now become support. A bullish trend continuation setup is forming offering traders a 1.5:1 reward to risk if entering long at beginning of support...

AndrewNatter

-Mkt testing fib & structure confluence area that is likely to act as resistance in a downtrend -B/c the mkt is trading at 20yr lows there is a lack of structure for tgts, most logical extended tgts would be 1.27 and 1.61 of the most recent bearish leg. -Anywhere within bearish trend continuation zone represents good location for shorts with stops 1atr behind the...

AndrewNatter

-Mkt broke down to new lows and is now retesting broken support zone -Mkt testing confluence of 50 retr & structure with RSI reaching overbought -Aggressive short opportunity at 134.00 area -More conservative short opportunity within Bear Cont Zone with Stops 1atr behind the 139.00 invalidation zone -Expectation is retest of low of trend around 128.50 and...

AndrewNatter Updated 

If the smaller bear Gartley fails there is a larger bear bat setting up at better trade location and also in alignment with underlying downtrend

AndrewNatter Updated 

1. After breaking to the upside the mkt is pulling back to a confluence zone consisting of the key 1.1200 structure area and the 618 retracement of the most recent upward leg, with an oversold RSI reading. 2. If the bulls hold the mkt above the 1.1140 invalidation point the mkt is likely to retest the high of the move around 1.1400, and potentially break higher...

AndrewNatter Updated 

After breaking structure to the downside the market is now setting up for a bearish continuation opportunity within the bear continuation zone highlighted in red. If price puts in a recovery rally into the red zone and the 1.1300 invalidation area holds, the market is likely to roll over and test the 1.1140 support zone.

AndrewNatter

After breaking to new lows within downtrend the mkt is retracing back to the broken support zone with Fibonacci confluence offering a high odds opportunity to short the mkt within the bearish trend continuation zone.

AndrewNatter Updated 

Bear gartley in alignment with underlying downtrend Option to shoot for extended tragets.

AndrewNatter Updated 

Two long opportunities on this chart, one more aggressive with a massive Reward to Risk (almost 6:1) and one more conservative. Trade 1 = trend continuation stops behind 160.15 swing low shoot for retest of highs around 163.70 area almost 6:1 reward to risk Trade 2 = Bullish cypher with the standard stop and targets

AndrewNatter Updated 

Bearish Gartley in alignment with underlying downtrend

AndrewNatter

Bullish bat pattern setting up can also be used as a bullish trend continuation entry technique. For more aggressive traders option to shoot for larger targets here based on the underlying uptrend.

AndrewNatter Updated 

Bullish & Bearish Gartley patterns in a consolidated market. Either way the market moves trades have a high-odds opportunity provided the structure of the patterns remain in-tact.

AndrewNatter Updated 

Clean Bearish Gartley pattern setting up on 4hr chart. B leg has been breached during Friday's trading session making it a good time to place orders. This bearish Gartley is forming within an underlying downtrend so more aggressive traders may opt for extended targets. A retest of the A point or even a 127 inverted extension of the AD leg are some ideas for...

AndrewNatter Updated 

Bearish cypher pattern in an underlying balanced market

AndrewNatter Updated 

Bullish Gartley pattern in a consolidated market. Larger trend is bearish so may want to opt for more conservative targets. Stops go behind X.

AndrewNatter Updated 

Bear Gartley in alignment with underlying downtrend

AndrewNatter

Bearish trend continuation opportunity in underlying bearish trend: 1. Price testing previosly broken support zone 2. Fib retracement confluence 3. RSI overbought 4. Harmonic AB=CD pattern

AndrewNatter Updated 

After breaking the 1.4490 support to the downside the short term expectation is a test of the 1.4403 support zone. Aggressive shorts can be taken at a retest of the 1.4490 broken support zone which should now become resistance. More conservative shorts can be taken at the 1.4540 resistance zone closer to the invalidation point for the 60M chart bearish...