Reversal Patterns

Here is usdJPY.......... Perhaps ab=cd is the bottom of the head and shoulders.

 

Any one have any info (pdf) or websites to read up on gartleys ?
I started into elliotwave and gartley and ABC corrections after wave 5 seem to be the same idea?

 

after wave 5 sort of the same idea.... however gartley's are only valid when ab=cd in price.

 

Good Ol' Cup and handle pattern...... up for USDJPY perhaps?...... Good luck trading.... Hope the patterns are helpful.



Michael Valente

 

looks like a potential Gartley forming.......USDCHF..... last one worked wonders on the EURGBP in the prior posts.... how you all enjoy!

 

NZD USD look like a temporary top. Ill update with charts later tonight..... It is still possible it could break the longer down trend line, however with $$ rallying i see possibility it acts as strong resistance......

 

divergence nzdusd

 

H&S on the AUD hourly posssible sell.....

 

Attached is EURGBP a week later just want to show the power of gartley patterns when used correctly....... However some patterns can have a negative turn around. It is nice to use patterns with fundamentals to increase the probability of your trades. Also trusting the patterns sometimes is emotionally hard and will cause some traders to take hits when they should have just kept the stop loss.......

 

Looks to be down down down next week for USDCAD..... Gap to be filled and possible break lower.