Pesavento Gartley Variation

nice call! agree with your bearish bias, thanks for sharing, this is what I see on CHFJPY:

@FXCM, Nice view!

The retracement within the XA leg is greater than BC and even greater than AB on your chart. Only minor retracements are allowed.

You should also add an ab=cd calculation to see if it completes within 3% area around the 0.618XA or 0.786XA.

The 0.618XA Gartley variation is no longer in use. Only 0.786XA is left. In 0.786XA variation the B-point must be >= 0.618XA

@Alexander_Nikitin, cool, thanks for your explanation.