The “perfect” Gartley pattern has the following characteristics: Move AB should be the .618 retracement of move XA. Move BC should be either .382 or .886 retracement of move AB. If the retracement of move BC is .382 of move AB, then CD should be 1.272 of move BC. Consequently, if move BC is .886 of move AB, then CD should extend 1.618 of move BC. Move CD should...
Hi trader happy new year, Using the BTC chart I like to explain harmonics trading. Has been a while since i started to write a book and I just want to put together the best information out there in one to share with u. The BTC chart shows a gartley bearish pattern formed from Dec 2021 to Mar 2022. The price has reached all targets the way down, remaining the...
BINANCE:ALGOUSDT In this post I take a look at some of the patterns I trade and how often they show up. This is a30min chart over the last couple of weeks of ALGORAND. Firstly is a 3 DRIVE into the high. This pattern often occurs at highs or at lows and normally has an ABCD pattern with it. Next we have the 135 pattern which occurs when leaving a high or a...