Get started

Gartley

Bears opening their jaws on BTCUSD?1.FAlling wedge, to support to form a expanding ascending wedge 2.During the conversion of wedge there was a Bearish gartley formation 3.Also the kumo cloud formed a tough to break resistance span over the price action which was not easy to break 4.the Double top neck;ine acts as a potential resistance to halt any movement bove that.. 5.If break happens i doubt whether there will be much support before the primary fibonacci 618 kicks in... Disclaimer.. not an investing/trading advice....
COINBASE:BTCUSD
by capsule91
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. Hope this analysis will help bitcoin traders to develop their plans more efficiently. Do hit like and comment. All the best. Bravo Disclaimer: I do not trade Bitcoin.
BITSTAMP:BTCUSD
by Bravetotrade
3
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
NSE:ABCAPITALLong
by Dpk.Htkr