30m Chart of McDowell showing Bearish Gartley:
The above two charts show two strong bearish patterns formed at the same time and time frame. The Wolfe Wave is almost a perfect one but gartley has formed with secondary harmonics in the ABCD arm. Targets for these patterns also coincide at the close ranges. Its quite interesting have such bearish convergence at one focal point. Lets see how this scrip pans out in the next few days.
5 comments:
it still confuses me sometimes as to the ratios that we use in observing gartleys.Could u provide a rough idea doji.........PLEASE
Hi to all this blog member,
Is there any one from mumbai if there is,then we should make group to grow together and share the knowledge what we have.as possible plz provide email Id so we can contact each other.
To dear doji i think everyone have lots of problem in doing intraday if possible sir kindly take INTRADAY CLASS to solve our guniene problem.It is not possible to solve every problem on blog.So sir this is my humble request plz as possible arrange Technical Course on Intraday.
Hi Kurichh,
harmonictrader.com is the authentic place for all fibonacci based patterns. A nice explaination on Gartley can be found from http://www.harmonictrader.com/price_patternsgartley.htm
Doji
Hi viju,
This is my personal blog. You can find some groups under "Related Groups" section and try to contact your Mumbaikars.
I am a full time trader and not into teaching. I dont have any plans right to getting into teaching. Sorry to turn you down.
Doji
Dear Doji,
Thanks for your reply,I had requested to you to take technical class, it doesnt matter if you dont so,but plz kindly clear the doubts which we have,and know you will do the needful.
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