Bullish Gartley
GBPUSD GARTLEY PATTERN STUDY...GBPUSD If complete point D to buy
TP 1 - 61.8%
TP 2 - 38.2%
SL - BELOW 30 TO 50PIPS IN POINT D
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Fib-Confluence Analysis: Two ScenariosBrief analysis
I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action.
We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a potential for 4900-5000, which is the Bat PRZ. Till then enjoy the up move.
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Disclaimer: I do not trade Bitcoin.
Potential Bullish Gartley PatternOn the 4 hour timeframe, we have an oppotunity to go long on Aditya Birla Capital . It's a Bullish Gartley Pattern .
Although, the price is sitting on the support line , we can expect the price to plunge a little bit more upto the Rs. 182 level and get us filled. However, the chances are minimal.
Once entered at 182.3 , we can look for our first target at 192.3 and second target at 198.5 .
Let's wait and watch. I'll keep you guys in the loop.
Do tell me what you think.
Sincerely,
Dpk.Htkr
PVR: The Bullish GarleySetup -- Bullish Gartley
Entry -- Theoretically it is suggested to wait till the price tests the whole PRZ and shows some signs of reversal.
Stop -- Swing low below/at the PRZ
Target -- 1379; 1384
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Bravetotrade
Swing Trade Setup - Bullish Gartley on HindalcoHI,
Price action formed a bullish Gartley pattern on Hindalco Hourly chart.
Trade levels as follows.
BULLISH GARTLEY
AREA OF INTEREST: 191.3 - 190.3 ( PRZ)
TARGET 1 : 197.5 ( 38.2%)
TARGET 2 : 201.3 ( 61.8%)
STOP : 182.8
Please implement your own due diligence prior to entering the market.
Trade with Care
Gulz
Intra/BTST Trade Setup: Bullish Gartley on Bank of India @ 136.8Hey,
A Potential Bullish Gartley near completion on 15 mins chart.
Trade levels detailed on chart.
ENTRY : 136.8
TARGET 1 : 138.4 ( 38.2%)
TARGET 2 : 139.5 (61.8%)
STOP : 135.7 (standrad)
Considering Stop below 135.4 would be beneficial as its below the trend line. " PLAN YOUR TRADE, TRADE YOUR PLAN"
Note : RSI already entered into oversold zone.
Trade with care,
Gulz