Everybody seems to make up their own rules in a discretionary/proprietary method.
That is why I asked about your "rules" in that I've never seen the use of the Gartley
with such a deep Pt D. (understanding the 1.272 and ab=cd validation)
To my research, which is by no means perfect or complete, but,
having sought out tons of information,
the highest probability Gartley's do not allow much more depth of Pt B than .618
by .05 or there about's to maintain the "harmonics/symmetry".
So I guess my question should really be: what has been your success rate with patterns
that have this type of depth with Pt D.
This particular pattern certainly has almost no risk - depending on where the stops
are placed, but, I'd be more inclined to play this as a double bottom as in my "rules"
this is not a valid Gartley. But, I'm always looking for other peoples successful rules
with the hope of increasing my success in the balance.
Thus I'm assuming you think that the 1.272 rule overrides all others ?
thanks for your thoughts and best wishes for your success!!!!!
Is this pattern a proprietary use of the Gartley template ?
I've never seen a Gartley with a Pt D @ .957 and the A to B
leg is closer to calling this a Potential Butterfly, which of course,
would put Pt D out to the 1.27 fib ext.
Anyway, just curious and wishing you lots of pips in your pocket !!!!