Here is a link to Scott Carney's own web-page, supposedly something he has written himself:
harmonictrader.weebly.com
I want to outline something interesting here. I quote from the article above:
'' It is important to note that there are others who have assigned different Fibonacci numbers to the framework of the Gartley Pattern. However, they have used a...
This chart appears to be forming a H&S pattern, but the bearish bias is not confirmed until the neckline has been breached. Until then I will be looking to long the Double Bottom pattern. Considering the 76% retracements there is high probability that price will rally up to complete the Butterfly.
Trendline break from ''XB'' indicates bullish momentum. A break...
According to world recognized trader and author of several books, Larry Pesavento, if price closes below 162% XA expansions in the butterfly pattern , the trend is generally going to continue. A close below 262% XA confirms the continuation of the trend.
The CD leg thrust is the first indication wether or not price is going to exceed the PRZ at 127% XA...
