mjchase

Retrospective review on a harmonic pattern entry. The gartley is a well known continuation pattern , ideal for lower risk higher reward entries in an already established trend . We can see an initial reaction from the 61.8% retracement but the bulls fail to break a new high, this allows the bears to push price down to a lower level , the 78.6%.

NTRN has been extremely bullish over the past few months , the market has since cooled off leading to accumalation ready for the next leg up . Our target for the current entry is a 1.618 extension of XA. Entry has been taken at roughly 50% retrace of the previous bullish move .

We can see on the daily timetrame diversion has steadily been building on the RSI . Price is currently forming a deep crab harmonic pattern which coincidentally matches a 61.8% retrace from the previous all time high of BTCUSD. I highly expect an initial push up to entry due to the ETF approval then a sell the news scenario.

We can see from the dotted 50% line SEI has retraced as much of the previous swing upwards , using a head and shoulders pattern on the line i have taken a position looking for 3:1 and 2:1 respectively.

We can see price has retraced 61.8% the previous high and has formed a Head and shoulders pattern as depicted with measurements on the chart. Entry has been taken on and around the 50% retrace. I expect to see significant movement in ALT coins today if BTC dominance drops as per chart predictions.

Long position taken on highusdt with sl and tp as shown on the chart. Technical analysis coupled with current bullish sentiment on crypto gives me a strong faith the chart will reach both targets over the course of 1 -2 weeks. I am looking for a bullish weekly close on the currently weekly candle as further confirmation.

Entering on the 15 minute timeframe looking for a quick bullish breakout.

We can see two harmonic patterns forming on gold , the larger pattern of the two is a bat pattern with entry at 88.6% of XA and the stop at 100% of XA . However , the smaller of the pattern being shown is a reversal pattern allowing us to enter the bat pattern while using a much smaller stop loss.

From what I can see on the chart short we can see a deep crab pattern which has caused price to reverse from bearish to bullish. Price has come back to retest the 161.8% entry for the deep crab and also has formed a much smaller bullish bat pattern. Using the bat I can look to enter a much larger position due to the small stop loss required at 100% of XA. Taking profit on the bat where the 2R for the larger deep crab pattern would be is around 13R.

After a severely hard drop induced by fear and and the media we see what could be a potential bottom for Ethereum. I have taken an entry on the 1.618 extension and am looking to take profit at 61.8% of A-D . The majority of people will be looking for sells which indeed at this time in a time induced by fear we have more potential for gains.