Pattern completion between 98.01 and 98.08. Stops above X point around 98.22
Comments
dojitrader
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My understanding . . .
Under the strict guidelines of a valid Gartley the most critical aspect is that the B leg must be at least 61.8% and must also qualify the pattern with the C leg also 61.8% Without these aspects the success rate is cut in half.
Gramatikov89
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You are totally right about the aspects, but at this moment I am looking for trend continuation patterns, and that is why I will trade this one, even when is not "perfect". Thank you for your opinion.
Under the strict guidelines of a valid Gartley the most critical aspect is that the B leg must be at least 61.8% and must also qualify the pattern with the C leg also 61.8% Without these aspects the success rate is cut in half.