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EURAUD Gartley M5

FX:EURAUD   Euro Fx/Australian Dollar
53 3 0
why do you think it's a gartley? neither B nor C touches the .618))
+2 Reply
FeelsFX Alexander_Nikitin
the C is not necessary to touch the .618 but its till invalid for me
+2 Reply
If you have tested gartleys with C of .382 - .618 and found out that those kinds of gartleys still work more then 50%, then it's ok. Then C mustn't touch .618. If you haven't tested hundreds of gartleys, then you should take the rules as they are. C must touch .618. If C doesn't touch 0.618 then we may meet a crab pattern, because C is the only point that distiguishes the two. The completion of a Crab pattern is beyond X. This will defenitely stop you out if you trade it as gartley. See what I mean? If you don't want to meet a Crab then you should wait until C touches .618. Know your edge and act accordinly taking only the best opportunity.
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