hi, great spot im glad you profited with this trade and you pinpointed your exits very well. I see you drew your gartley with a 100% retracement of a-d from x-a, im just curious if you retrace your gartleys that far regularly or did u only do it specifically for this trade because its a bearish gartley in a bearish market so its a higher risk/ reward trade.
would love a reply just thought I could learn something from sharing ideas. I usually only draw gartley with fib ratios above 50% and under 100% because I think of gartleys as more of a short term consolidating harmonic pattern before price continues to follow gartley
I hope I made some sense but keep up the great spots I love your eye, im definitely going to follow for hopeful lies some new idea.
Alexander_Nikitin
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@untpolevault21, Hello. Ifyou think of a gartley as a harmonic pattern then you should enter not earlier than 0,786XA. This is minimum requirement for the pattern to complete.
The formation above is a gartley advanced formation. It's entry is 1,272AB (which is clearly seen on the chart). It is always 1,272AB and never change. If you wish I can give you a link to my free detailed pattern trading course on both harmonic patterns and advanced formations.