Gartleys are one of our advanced pattern formations and although they do not offer the win/loss of cyphers (according to our testing) they do usually offer a better risk reward. This pattern is a prime example of a gartley rules wise, .618 retracement of x-a without touching .786. B-C a retracement of atleast .618 but can not exceed previous swing high. Finally a 1.27 extension of A-B. Red lines indicate targets, stops at a 1.113 extension of A-X or below previous structure (Dependent on trade plan and risk reward)
Happy trading !!
Happy trading !!