FOREX Harmonic Trading: gartley pattern

Showing posts with label gartley pattern. Show all posts

Saturday, November 16, 2013

Gartley pattern & Elliott Wave theory

Example where Elliott Wave theory confirms Gartley pattern validity:

For more about Gartley pattern confirmations read: Gartley pattern confirmations

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Thursday, March 7, 2013

deep harmonic Gartley pattern

Someone was asking lately if B point in the Gartley pattern can only be located around 61.8 XA swing retracement. Generally speaking yes, and we at TradingArsenal team try to stick with this assumption and restriction.
There are of course scenarios where B is located lower and deeper and still pattern looks so harmonic, with perfect AB=CD that it's too tempting for some traders to skip the opportunity.

We just had such an Gartley example on Forex EURJPY pair. It's a continuation Gartley pattern with pretty perfect AB=CD, although point B is located at 88.6.

deep Gartley continuation pattern

To learn more about the Gartley patterns and about specific reversal and continuation versions read more here -> Gartley pattern - Table of Content

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Wednesday, September 26, 2012

Continuation Gartley pattern example

Continuation Gartley pattern located within channel. Example from today's Forex USDCAD M5 chart.

Continuation Gartley pattern

Continuation Gartley pattern in the channel

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Sunday, April 8, 2012

best harmonic trading pattern - Gartley

H.M.Gartley presented the Gartley pattern in 1935, in his book "Profits in the Stock Market". He claims that he studdied the pattern over 30 years and this pattern was profitable in 7 out of 10 cases.

Visit http://tradegartleypattern.blogspot.com/ This blog is completly dedicated to trading of the Gartley pattern, covers the theoretical and practical details of the Gartley pattern, together with confirmation methods that can be used to increase the success ratio.
On the TradingArsenal Forum we research even further the Gartley pattern, check Gartley pattern thread.