Bullish Gartley formation
Bearish Gartley formation
Bearish Gartley formation – a Sell Signal is given Websites:
EUR/USD heat map chart with zup shows that EUR/USD is stronger than GBP/USD. Using multi-currencies EUR/USD, EUR/GBP, GBP/USD. Template used =
GBP/USD heatmap chart with zup shows that GBP/USD is weaker than EUR/USD. Template used =
EUR/USD formed : hitting twice the Monthly (Yellow), Weekly (Orange), 4 Hour (Magenta) beams of resistance. EUR/USD may form a triple top and breakout.
EUR/USD still on an uptrend on H4.
EUR/GBP formed Hits the Monthly (Yellow), Weekly (Orange), 4 Hour (Magenta) beams of resistance. EUR/GBP may retrace and breakout if EUR/USD does its breakout. The slope of the 14 and 21 EMA from to is not as steep as the EUR/USD 14 & 21 EMA slope.
EUR/GBP hits the Monthly (yellow) and Weekly (orange) beams. Formed a Bearish Butterfly. Uptrend is still strong.
GBP/USD hits the 4 Hour (Magenta) beam and formed a Bullish Bat. It is ranging and the 14 and 21 EMA does not have a strong trend.
GBP/USD is still strong, uptrend but the slope is not as steep as the EUR/USD slope. It has a strong resistance on the Yearly Pivot at
EUR/JPY is on a downtrend. It is not a strong downtrend as the GBP/JPY. EUR/USD is stronger than GBP/USD. Using EUR/JPY, EUR/USD, USD/JPY to show multi-currencies strengths. Template used =
GBP/JPY is on a strong downtrend. GBP/USD is weaker than the EUR/USD. Using GBP/JPY, GBP/USD, USD/JPY to show multi-currencies strengths.
EUR/JPY formed Hits the 4 Hour (Magenta) beam. From the failed Bullish Bat formation on leg 4-2-1, it went up to the 2 nd Daily Resistance and fell. Since EUR/USD is strong and USD/JPY is weak, EUR/JPY does not do a big fall but there is no support in sight for now.
EUR/JPY hit the Yearly Pivot on leg 3 of the Bearish Bat. It may still go down since there is no strong support. The strongest support will be the Yearly Support at
USD/JPY formed 6-4-3, hits the 4 Hour (Magenta) beam of resistance, then dropped from 2 to 1. A steep down slope of the 14 and 21 EMAs exists and there is no support.
USD/JPY formed 6-4-3, hits the 4 Hour (Magenta beam), then dropped from 2 to 1. A steep down slope of the 14 and 21 EMAs. Hits the Yearly Support 1 at and still dropped.
GBP/JPY forming: , hits the 4 Hour (Magenta) beam. Formed a Bearish Bat on point 3 and goes down from there. The 14 and 21 EMA cross down and goes down on a free fall. It will still go down until it finds a support below. May still go down for a few more days.
GBP/JPY formed a Bullish Butterfly but the slope is still on a strong downtrend. Penetrates the Yearly Support 1.
USD/CAD formed a hitting the Weekly (Orange) beam of support. It forms a Bearish Butterfly from and hits the Daily Resistance 1. It retraces and may continue it downtrend.
USD/CAD hits the Weekly (Orange) beam of support. Hits all the Daily Support levels. It retraces to the upside.
EUR/CAD formed a 5-6 that hits the 4 Hour (Magenta) beam of resistance. Formed a Bearish Bat from and went up. Hits the Daily Reistance and Daily Pivot and retraces but not for long. Since EUR/USD is still strong, EUR/CAD may still go up.
EUR/CAD formed a Bullish Gartley. It may retrace a bit but the uptrend is still strong.
AUD/CAD hits the Weekly (Orange) and 4 Hour (Magenta) beams of Resistance twice and retraces. Formed a that hits the 4 Hour (Magenta) beam of resistance. A Bearish Butterfly was formed. We received a SELL sign but looks more like moving in a range.
AUD/CAD did a Double Top hitting the Weekly (Orange) and 4 Hour (Magenta) beams of resistance. Also hit the Yearly Resistance 1 twice. From there, there is a strong retracement to the downside.
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