Bullish Gartley
EUR/GBP - Gartley 886What's up traders, I'm currently watching the gartley 886 on EUR/GBP 15m chart.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.13 - 1.618
Final X to D: 0.786 (0.886 due to AB=CD completion)
Gartley patterns at an 88.6% retracement of XA are unique, this is utilised when the AB=CD completion extends past the 78.6% retracement which is the standard measurement.
Checking 5m and 1h timeframe, pattern is now complete!
BTC Gaining Momentum, Will Tron(TRX) Follow?When the BTC getting bullish momentum it is very likely altcoins will follow.
As we can see Tron just finished the harmonic Bullish Gartley pattern. We should see a very good buying opportunity in this case.
The stoploss is set to be very tight, so we dont risk the biggest loss if the Gartley Pattern were to fail.
Stay tuned for more.
GBPCHF Potential Long OpportunityDescription: GBPCHF is testing the Fibonacci 61.80% of XA. If it breaks below 1.31900, the next target will be Fibonacci 88.60 1.31600 – 1.31500 region.
Pattern: Bullish Harmonic Pattern would be completed t D Leg. And we will look for a buying opportunity.
levels as described in the chart
XVGBTC Gartley butterfly is going to be formedThe coin is oversold according to various technical indicators, we took one of them to show you at the chart, it is Stoch RSI which is in a buy state now. Combining Ichimoku clouds with the rest indicators we forecast finishing of XABCD pattern and a huge bounce afterall. However XVG is a manipulated coin and the pattern may be broken, hence the growth will happen earlier.
$SPY trying to recoverSPY completed a bullish Gartley in its daily chart and it's currently headed towards the resistance of 266.70.
Overall picture gives a downtrend nonetheless.
Stochastic RSI in oversold territory and MACD recovering but still in negative territory confirms it.
Not a trading advice, merely an idea for educational purposes






















