Gartley
Bearish Gartley in LTCUSD House!BITFINEX:LTCUSD this is a bilateral trade to be taken, a long followed by a short..
After a long time i see a gartley in the cryptoworld..!
Personally never trader a gartley in crypto..!! this is beautiful and if it turns out good, a potential money maker and a compounder..!
BPCL - Bullish gartley spottedPrices are respecting the trend line and hovering around 200 ema support. On the top of it, it has formed a bullish gartley.
Hence can go long around 470- 480 area once it pullsback. If not enter above 495 on bullish candle confirmation.
SL - 450.
T1 - 510
T2 - 520
For study purpose.
Thanks.
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.
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