Reversal Patterns

Discussion in 'Journals' started by gartley222, Jan 23, 2005.

  1. USD/CAD 1991 Low was broken a continuation to the 1.618 extentions is more than reasonable.
     
    #111     Jul 22, 2006
  2. EURGBP Gartley works out in the patterns favor as i showed in the previous posts. Now looking at the pattern on the 60minute time frame we see a potential bottom with a possible H&S pattern. The EURGBP has formed many H&S patterns over the last year and all have been very profitable. This currency pair seems to be the most predictable.
     
    #112     Jul 22, 2006
  3. AB=CD very close on GBP/USD........ Next week will tell..... if that goes down that gives reason for EURGBP to rise........ small indication that the previous H&S might work as well as a short on the GBP/USD......
     
    #113     Jul 22, 2006
  4. You haven't been paying attention to the news I guess?

    ps -- there's no gap on my charts, might want to make sure it's there.
     
    #114     Jul 22, 2006
  5. I will re-look at my charts. About the gap.... I dont trade much on news, however once and a while I will. Regardless to what the news is saying I still see potential for USDCAD to fall a little.....
     
    #115     Jul 23, 2006

  6. Took a look and no gap... Thank you for the warning. It is appreciated.
     
    #116     Jul 23, 2006
  7. AUD/USD if B is broken then D could be a potential Target. Tonight PPI expected 1.1% versus 0.8% which will favor AUD.
     
    #117     Jul 23, 2006

  8. Was 20 pips off from ab=cd...
     
    #118     Jul 24, 2006
  9. EURGBP possible low befor the rise. WE will see over the next 24-48 hours.
     
    #119     Jul 24, 2006
  10. EURGBP the H&S begins to form the RS...... looking for the 0.618 retracements.
     
    #120     Jul 24, 2006