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USDCAD was the best market for me during February's trader contest. I open four position, one on break ever, and others with nice profit. The key to profit was Gartley pattern. Is shows resistance and support level and price move up and down between these borders.
zbych's Blog
Gartley on EURUSD
There is interesting move on EURUSD. Sellers have a power, but now bulls try to defend 1.1190 level. If they win it will be nice reversal Gartley pattern. If not, bulls have another level for return to market - 1.1150.
One more harmonic pattern USDPLN
February is near to end and i want to tell about one harmonic pattern that i played in February. It was nice Buterfly pattern on USDPLN as form to defend support near 3.60. So, maybe 3.60 is still main support and wee may think about buy in next mounth?
Gartley on USDCAD, Lesson for future
Several day ago I wrote about Gartley pattern on USDCAD. Now i am a little angry with me becouse Gartley pattern show a 1.26550 level as nice resistance but i didn't sell USDCAD. So, it is nice lesson for future .. Garley pattern show very clearly resistance. Now, if the border 1.23500 will be broke down price 'll move down too. If buyers'll defend this level everything is possible..
Bat pattern on EURUSD ?
Today I opened a long position near 1.1300. On 1 hour chart wee see a Bat pattern. Maybe it is form to defend support 1.1300? Position is now on break even, so, let's give some time for market does his work
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EURJPY - reversal pin bar
Friday, 20.02 we've seen nice pin bar on EURJPY. Now support near 134.00 look strong. If price cut 136.60 there is now another resistance level before 140.00. So, let'be ready for action..
Gartley on EURNZD..
EURO is still in down trend on EURNZD, but if price'll test 1.5000 and bulls returns it will be very interesting harmonic structure - bullish Gartley.
NZDUSD, sell ?
I am waiting to retest resistance (old support) near 0.7615. It is not only nice horizontal level, but 61,8% of last move down. If price will show reaction it will be nice opportunity to sell.
USDCAD Gartley pattern
Last week i played with harmonic style - Gartley pattern on USDCAD. It was very nice and profitable .. If price will cut horizontal support - 1.2350 we should see strong move down. On the other hand, if bulls'll defend this level it will open road to move into new high.