Today we are looking at a bullish gartley on the 1D chart with EUR/CHF
As price continues its way down, we can look for price to reverse at D point, which just happens to be at the end of the descending wedge.
Coincidence? I think not. ;)
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
As price continues its way down, we can look for price to reverse at D point, which just happens to be at the end of the descending wedge.
Coincidence? I think not. ;)
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.