AMEX:SPY   SPDR S&P 500 ETF
216 2 5
Sloppy Gartley Pattern . D. area needs to be respected. Red Candles confirming this move.
No Agenda. Community 1st.
JamesBrown PRO
6 months ago
Ratios are off. Price dropping below C invalidates the "official" Gartley. C should fall between 0.38 and 0.886, but, I, personally would allow for 0.33 to maybe up to 0.92ish.

There are two harmonic patterns I know of that allow for C to extend, they're the "Cypher" (C can be between 1.13 to 1.414 of XA) and the "Shark" (C between 1.13 and 1.618 of XA). Both of which are shown in my chart below (D for the shark can range anywhere from 0.886 to 1.13).

snapshot


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JamesBrown PRO
6 months ago
I saw you post about EURUSD. Here's another harmonic pattern in play for that pair.

snapshot


As you can see, the Cypher paid of hugely on this one.
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