I was learning about harmonic patterns this couple of days and I saw this pattern unfold in the weekly time frame of XAUUSD.
What is bearish Gartley?
The bearish Gartley pattern is the absolute equivalent of the bullish Gartley pattern, but inverted. In this manner, the bearish Gartley has a bearish XA move, a bullish AB move, a bearish BC move, and a bullish CD move.
This means that the potential of the bearish Gartley is a price decline from Point D.
What is bearish Gartley?
The bearish Gartley pattern is the absolute equivalent of the bullish Gartley pattern, but inverted. In this manner, the bearish Gartley has a bearish XA move, a bullish AB move, a bearish BC move, and a bullish CD move.
This means that the potential of the bearish Gartley is a price decline from Point D.