CADJPY is displaying a confluence of bearish patterns: 1. Weekly Bearish Shark Pattern: - Retest in progress. 2. Daily Type2 Bearish Gartley Pattern: - Completion aligns with the Bearish Shark on the weekly. The trader plans to wait for a confirming candle on the daily chart near the level of 110.37. Share your insights and trade plans for CADJPY!
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Hello dear friends! Gold prices today continued to fall sharply with gold down 25 USD to 2,001SD/ounce but soon regained the level of 2010 USD at the time of writing. Accordingly, gold prices continued to plummet to a more than 1-month low in mid-week trading session as strong economic data strengthened the USD and Treasury bond yields and reduced market...
Gartley pattern is in making its in a long term upward channel We may see 104 and higher levels for safe entry wait to close above 76 keep stop loss as 63 on day close basis once you enter
Hi dear members , hope you are well and welcome to the new trade setup of Lido DAO (LDO) with US Dollar pair. Previously we caught almost 44% pump of LDO as below: Now on a daily time frame, LDO is about to complete a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Hi Traders, PLTR is oversold on the 2HR, 4HR, and daily charts and has nearly completed a corrective wave. This corrective wave is denoted by the yellow ABC pattern (also known as a Zig Zag pattern) in Elliot Wave analysis. The Wave Trend indicator is extremely oversold since the signal is far below the green boundary as shown on the chart. I anticipate PLTR...
The daily chart has formed a Gartley pattern as of today. There are 5 indicators to use to get an overall view of what the chart is "saying. ------------------------------------------------------------------------------------------------- Volume: FIsher Transform Money Flow Index Speed: Stochastic Momentum Index Trend: DMI-+ Trend Strength: ADX Volatility:...
long here good stop loss position, the trend can also provide support if we could hold up. Once it hit 0.782 mark go short tp point B, then white horizontal line and trend line
- $ is still expected to weaken as 6 FED rate cuts are predicted (and naively believed) - price got to the important technical level - support cluster created by the Bullish Gartley Pattern and FE 0.5-0.618 of the latest uptrend impulse. - If the level is respected, it will most likely move the price up to 0.6738, and - in my opinion, the price will revet down....
Bullish 4H Gartley has just completed playing in nicely to my longer term prediction that price will continue higher for a bullish break
Hi dear friends, hope you are well and welcome to the new update on VeThor Token (VTHO) with US Dollar pair. Recently we more than 30% pump of VTHO as below: Now on a daily time frame, VTHO is about to complete the final leg of a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify...
EURUSD maintains a Weaker Bull Trading setup on the Weekly Chart. This week, I'm flexible and ready to engage any compelling trading setup. Eyeing the 1-hourly chart, I'm particularly interested in a sideway consolidation trade, anticipating the completion of a Bullish Gartley Pattern. What's your take on EURUSD? Any specific strategies in mind? Share your thoughts!
According to the Butterfly pattern, the decline at the target of $ 40 ideally converges. We also go down the channel where the lower border of the channel will be. All 2 parameters should be added together. We should reach it by the end of 2024, there will be a great point for going to long.
2nd chance for a 1H Bearish Gartley - Completion zone - 0.67227 to 0.67345
TVC:DXY FOREXCOM:XAUUSD OANDA:EURUSD Are all setting up for the same move so we need to pay attention. GOLD - after going through the ABCD down yesterday it now looks as though its going to be headed lower to complete the bigger ABCD down towards 1920 and the next day or 2 will give us the set up. DXY - looks like it wants to push higher towards the...
FXOPEN:XAUUSD had a break yesterday but didn't quite get to the targeted Sell area. Now we look for more downside and a Target of 2k to complete the ABCD pattern down. The other option is a rally from here up towards 2050 to tie in with one more move to the downside for the DXY. Plenty to watch for today. Enjoy the day.
Nice looking long opportunity 2B long pattern Buying the stop loss for Early entry Seeing trade