Pattern Invalidates above 119.50+ . As suggested in previous update mentioned below in morning, which is running for federal bank- looking for a small pop up to 119.00 - 119.50 zone. Wow! There is a bearish gartley which can play it's role if it remains below 119.50 for targets 117.80- 116.70 & below 116.50 as per previous update 114.50- 115 zone. Previous...
Below 116.50 - it could fall to the support of 114.50-115 - If holds shown by small red arrow & later getting support of red trendline & gartley last leg attraction can push the structure to 128-130 zone as the possible target zone which can be seen in coming weeks & months. We need to see support coming in 114-115 zone for the last leg to push up & kiss the...
The Pattern has not yet completed itself so in anticipation of it being a bearish Gartley, the potential reversal point could be around 1174. The level 1158 could also act as a supply zone, so I would call 1158-1174 to be a potential reversal zone. If price breaks above the yellow trendline (shown in chart) it would have tendency to test the reversal zone. The...
HI, 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
Lets see if a reversal signal is generated. Nifty has filled the last two recent gaps, so I am expecting it to fill this one too if the pattern becomes valid. BB has tightened up, a breakdown could add to confirmation. (Median 20 MA acting as support for now at 9602-9604.
Hey, 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...
What we have now in Nifty is obvious Gartley staring at us,giving a trade setup, overnight position holders might have taken Gartley last session itself. If we get another entry point for Intraday thats well n good. There isn't much to explain here too, so thats the end of Nifty post gone in 60 Seconds flat... See you, InsiderB
It has been very long time since Nifty has treated Me with such potential harmonic opportunities, irrespective of whether this potential pattern completes or not, I love this trade setups. If it goes as planned here I will be having stops 50-70 points below the Entry zone based on the patterns. I wanted to write a lot about patterns but as market opened let me...
Hi, We have spotted a bearish Gartley on 15 mins chart - Trade levels highlighted on chart. Trade with Care Gulz
Good Morning ! After a long time, looks like I'm coming up with earlier post. We are communicating with Tata Comm real good & in harmony , so that's the reason for the Bearish Gartley over there. For most of new followers, this may be new stuff but don't worry, its just good-old goodie which I used regularly before I left from site, even now I use harmonics & I...
This setup is for education purposes only This setup is valid if price reverses from Point C and reaches to Point D. Entry will be at price level on point D. How to Find Gartley Pattern (for Long Setups) 1. Find Impulse Leg. In this setup, Impulse leg is from X to A 2. Take Fib Retracement from X to A, The point B should be between Fib retracement 61.8 and...
Hi A Bullish Gartley pattern is developing on Aban -0.47% Offshore Daily Charts . Potential Price reversal zone will be 1.13BC = 211.5 0.786XA= 206 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Note : Daily Trend line shown as red color. Stop loss would be placed below X leg structure support ....
Hello Traders, We have spotted a bearish Gartley pattern on ACC hourly chart. Price is near PRZ. Once it enters the PRZ, one can use their own set of rules for entry. I look for candle stick formation and OB/OS signal on oscillators for entries. Profit levels and SL are mentioned on chart. Thank you. Happy Trading!!!
Hello Traders, We have observed bearish Garltey pattern on Sun Pharmaceutical Ltd daily chart. We expect price to resist in PRZ and reverse. Here, PRZ is made of AB=CD, 0.786XA, 1.27AB, and 1.27BC Fibonacci ratio confluence. This potential trade setup has a risk/reward ratio of 1:1.1 for target-1 and 1:1.8 target-2. Happy Trading!!!
On daily chart, Eicher Motors is near over bought zone and has formed a bearish gartley pattern. 0.382 and 0.5 retracements would take price to 23925 and 23085 respectively.
Hello Traders, I have spotted Bearish Gartley Pattern on Adani Power. Price is already in PRZ and one can enter into trade at CMP. Here, PRZ is made of 1.27AB, 1.27BC, AB=CD, O.786XA Fibonacci ratio confluence. This trade set-up has a risk/reward ratio of 1:1.5 for Target-1 and 1:2.6 for Target-2. Happy Trading!!!
Hello Traders, I have observed Bullish Gartley Pattern on AUROBINDO PHARMA. It look price soon will enter Potential Reversal Zone (PRZ). Here, PRZ is made of 0.786XA, AB=CD and 1.27AB Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2. Follow this idea for further updates. Happy Trading!