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Thread: Reversal and Continuation Gartley pattern

  1. #1
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    Reversal and Continuation Gartley pattern

    H. M.Gartley defined only 1 proper market position for his pattern – at critical trend reversal point. Pesavento’s “Gartley” (ideal version) or extended “Gartley” happens of course more often and in different market conditions. One of the scenario important from the trading perspective is when the pattern is forming inside wave3. Wave3 inside wave3 is the strongest and most powerful market structure.


    We can also observe “Gartley” inside corrections periods when the swing following the pattern would be much smaller.


    The point is that we can trade Gartleys (with original reversal position defined more than 70 years ago) and “Gartleys” (meeting Fibonacci equations) forming as trend continuation patterns.





    For more info about the Gartley pattern and the confirmation methods see -> Gartley pattern - table of content
    Last edited by kor4x; 09-02-2012 at 09:23 PM.
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  2. #2
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    Continuation Gartley pattern presented and explained by Ross Beck, author of Book "The Gartley Trading Method"

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  3. #3
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    Continuation Gartley pattern example located within a channel on forex USDCAD M5 chart.
    Reversal and Continuation Gartley pattern-continuation-gartley-pattern-2012-09-27_0012.jpg







    Reversal and Continuation Gartley pattern-continuation-gartley-pattern-channel-2012-09-27_0013.jpg
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  4. #4
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    Continuation Gartley pattern example -> Reversal and Continuation Gartley pattern-gartley-continuation-pattern-audusd-m5-2014-01-27-20-38-05.png

    X price level cannot be random location. It should be chart's Sup/Dem level.

    Reversal and Continuation Gartley pattern-gartley-continuation-pattern-support-resistance-level-audusd-m5-2014-01-27-20-38-05.png
    Last edited by kor4x; 01-27-2014 at 07:46 PM.
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  5. #5
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    Continuation Gartley pattern, another example: Reversal and Continuation Gartley pattern-harmonic-trading-continuation-gartley-pattern-davinci-indicator-2015-03-25-08-05-29.png
    D point is confirmed / pinpointed by the trendline.

    DaVinci download link -> Davinci - harmonic trading indicator for MT4

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  1. 10-22-2012, 10:52 AM

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