Bullish Gartley Pattern: It starts with a bullish XA move. AB is then bearish. BC is bullish, and CD is bearish again. XA: This can be any price activity on the chart. There is no specific price movement in Gartley chart formation. AB: The AB move should be approximately 61.8 % Fibonacci of XA and should not cross the starting point X. If it crosses X then...
Hello, guys! Here is a cheat sheet for the very reliable pattern - Gartley. If you are able to find it on a chart the successful trade can be executed. The most important thing for gartley is the proportions which should be approximately like on the chart. There are four most popular Gartley's types: -Crab -Butterfly -Bat -Classical Please, write in comments...
In todays video I walk you though the Gartely pattern with all the levels you need to look out for if you want to start using them in your trading. Happy to answer questions that might come up.
Price Rules AB=61.8 XA BC=61.8 or 78.6 AB CD=127.2 or 161.8 BC AD=78.6 XA CD=AB