If the B retracement @ 119.90 is closed above before the C retracement is closed below @ 119.65 is the only way this scenario can happen. Also, I adhere to Carney's statement that the ab=cd
is the most important part of the Gartley Pattern
, which is why I'm ignoring the . 786 retracement
of the XA leg. It is most interesting to see a Gartley
complete at the start of the XA leg. Most likely to do with the . 382 retracement
of the AB leg. Also, I wouldn't be too generous with my stop loss since it is a long term high and the pair has made some pretty good moves lately.