TECHNICALLY WHEN WE LOOK AT THE GRAPH IN 4 HOURS, THE Gartley Bull Formation ( Gartley Bullish ) HAS OCCURRED.
THESE TRANSACTIONS ARE VERY RISKY. IT MUST NOT BE
ENTERED WITHOUT MONEY RISK MANAGEMENT. FUNCTIONAL TARGETS ARE AVAILABLE ON THE CHART
TP1:2.78 TP2:3.21 PROCESSING ENTRY LEVEL:2.44 (4-HOUR CANDLE CLOSURE) IS NOT
INVESTMENT ADVICE. IF YOU
BENEFIT FROM ANALYSIS, DON'T FORGET
TO LIKE AND FOLLOW 👍👍👍👍👍
Gartley Bog Formation ( Gartley Bullish ) Retracement from A to D should ideally be 61.8% or 78.6% of the XA leg.
• A valid ABCD pattern should be observed in themove from A to D.
XA and AD must be synchronized in time.
• AD time should be between 61.8% and 161.8% of XA time . Sometimes the ABCD formation retracts 100% of the XAB leg. ( Double Bottom ) • In this case, for a true double bottom, the timeXA and AD must be equal.
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.