Thursday, June 11, 2009
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DISCLAIMER: All the content in this blog is my personal journal and should not be taken as a trading advice. I am not an expert in Technical Analysis nor am I authorized to give any financial advice. Please use the content purely for learning purposes. I may or may not be trading in the calls I make. I may or may not be holding any positions in the stocks/contracts under discussion. I will not be responsible for your profits or losses
3 comments:
Hi Doji,
Could you please tell me what is the tolerance error in case of a gartley pattern as i am new to this pattern.
Regards
Renu
one more thing is it necessary that AB = CD for a valid gartley pattern.
Hi Renu,
Tolerance error is not specific to gartley but the febos. So the same febo tolerance applies. Also, a point to note that febo works perfectly when there is no external influence and should give some cues to tolerance level.
It is not necessary that AB should be equal to CD. CD is basically a febo extension of AB and same ABCD pattern rules apply here.
-Doji
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