TradingView
amilajayawi
Mar 6, 2017 2:04 PM

EUR GBP D1 Gartley 0.90016 Short

FX:EURGBP1D
Euro Fx/British PoundFXCM

Description

⋅
Gartley C above A
B: 0.618 - .786
C: 0.618 - 1
D:
Final X to D: 1.272 of AB extension

Order cancelled

⋅
Gartley C above A
B: 0.618 wicks can penetrate- .786
C: 0.618 - 1
D:
Final X to D: 1.272 of AB extension | AB= CD | 0.786 XA
GartleyBearish Gartley
Comments
BLUE43
⋅
you can have your B at 0.618 if you take the HH wicck with a D projection at 0.786 and not at 0.939 like in your chart (thats not the number for the D point)
amilajayawi
⋅
@BLUE43, The D point is obtained by fibboncci extension of the AB leg, 127.2% and not by XABCD tool.
BLUE43
⋅
BLUE43
⋅
@amilajayawi, that would be a real one with the rules 1) B at 0.618 2) AB=CD 3) D at0.786 (127 ext of AB)
BLUE43
⋅
@BLUE43, if price goes to that area of course
amilajayawi
⋅
@BLUE43, Thank you very much.I understand it clearly now.. I have few doubts. Check pm
BLUE43
⋅
a gart need a B at 0.618 not 0.74
amilajayawi
⋅
@BLUE43, Yes I have had a lot of controversy myself. Carney states so, yet checkout a top trader recommends these ratios
More