Gartley Pattern confirmations:
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement (on this case 0.786 - 0.886 area)
- take profits at 0.382 and 0.618 (Fibonacci from A-D)
I expect Gartley to be completed for some type of bearish continuation on major timeframe
Good Trading. -1h Chart
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement (on this case 0.786 - 0.886 area)
- take profits at 0.382 and 0.618 (Fibonacci from A-D)
I expect Gartley to be completed for some type of bearish continuation on major timeframe
Good Trading. -1h Chart
