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Pesavento

NZDJPY 60 Bullish GARTLEY PATTERN @ 72.76Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bullish GARTLEY pattern @ 72.76 stop loss will be placed below the X leg which we use as good support in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 32 pips x 2 = 64 pips Reward #1: 41 pips. R:R = 1:1.3 Reward #2: 67 pips. R:R = 1:2.1 Plan your trade... Trade your plan.
Long
by Krunal.Patel
EURNZD 4H Bearish GARTLEY PATTERN @ MARKETHi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 1.6695 stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 210 pips x 2 = 420 pips Reward #1: 230 pips. R:R = 1:1.1 Reward #2: 370 pips. R:R = 1:1.8 Plan your trade... Trade your plan.
Short
by Krunal.Patel
2
EURUSD W Bearish GARTLEY PATTERN @ 1.1600Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 1.1600 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 335 pips x 2 = 670 pips Reward #1: 420 pips. R:R = 1:1.25 Reward #2: 680 pips. R:R = 1:2 Plan your trade... Trade your plan.
Short
by Krunal.Patel
4
GOLD 15 GARTLEY PATTERN @ 1286.30Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 1286.30 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 4.60 Points x 2 = 9.20 Points Reward #1: 5.60 Points. R:R = 1:1.2 Reward #2: 9.00 Points. R:R = 1:1.9 Plan your trade... Trade your plan.
FX:XAUUSDShort
by Krunal.Patel
USDCAD 4H Bearish CYPHER PATTERN @ 1.2870Hi Guys, This is a bearish CYPHER pattern @ 1.2870 and stop loss will be placed above the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 150 pips x 2 = 300 pips Reward #1: 160 pips. R:R = 1:1.05 Reward #2: 255 pips. R:R = 1:1.70 Plan your trade... Trade your plan.
Short
by Krunal.Patel
AUDUSD 60 Bearish BAT PATTERN @ 0.7740Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win percentage %. Back to the trade idea, it is a bearish BAT pattern @ 0.7740 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 50 pips x 2 = 100 pips Reward #1: 73 pips. R:R = 1:1.5 Reward #2: 120 pips. R:R = 1:2.4 Plan your trade... Trade your plan.
Short
by Krunal.Patel