Patrick_Tremblay
Long

Gartley pattern on AUDUSD H4

FX:AUDUSD   Australian Dollar/U.S. Dollar
Gartley pattern finished at 0.7710. Putted my SL at 0.7635 and my two target at 0.7782 and 0.7832.

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OccultTrader
2 years ago
You may want to wait until D point reaches at the 1.618 projection of BC.
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Patrick_Tremblay OccultTrader
2 years ago
I usualy buy my Gartleys at the 78.6 retracement of the XA leg.
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I won't trade it as gartley because your gartley's B doesn't hit .618. However ther're othere long patterns on this chart. good luck and know your edge))
multiple patterns audusd long opportunity
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Patrick_Tremblay Alexander_Nikitin
2 years ago
I don't think the pattern have to be that precice. On one broker it could hit 61.8, on others not. I see it more like a level and the price needs to go near that level. I think for this particular case, the convergence of the AB=CD completion and the 1.618BC makes this pattern valid. It may not be a perfect Gartley I agree, but there is still a harmonic convergence between the legs.
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Alexander_Nikitin TOP Patrick_Tremblay
2 years ago
vague rules lead to vague results. precise rules lead to precise results.
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