In a previous USDJPY post (link below) I highlighted using median line analysis a significant support level where we should watch for a buy setup completion. This bullish gartley may be a fantastic opportunity to go long for a massive upmove. I don't use specific target profits in this one. Try to trail your position using swing and stay into the trade as much as...
GBPCAD Gartley pattern on daily chart. Price now at 78.6 of XA - too far apart from 1.27 extension AB, so waiting for completion at the 1.27 for better risk/reward If price rises to D completion then looking for Short trade. Stop loss above previous high
Here is a gartley pattern to complete
Being in along term uptrend the completion of this bullish gartley pattern will be a nice buying opportunity. Sl and tp as shown at the chart. Daily uptrend:
Here is a gartley pattern that can be traded on AUDUSD The patten will be invalid if price goes below C point
USDCHF BEARISH GARTLEY LOOKING TO REVERSE HERE
SPX500 BEARISH GARTLEY Completed 2178.70 SL above X point tp1 2151.6 tp2: 2135.0
Based off my rules, EURUSD 0.31% is currently trading within consolidation. The market is moving sideways, not up nor down. This is the ideal time to look for advanced pattern set ups. Here is a Gartley formation. You can trade this with a 1:1 or 2:1 Reward:Risk. Check it out and keep an eye on this !