Nifty Bank Index

#banknifty

The key Fibonacci ratio that makes the Gartley apart from the other harmonic chart patterns is the shallow retracement of the AB swing leg which is only 61.8% of the XA leg.

Another characteristic of the Gartley 222 pattern is the symmetry that can be found inside the A through D swing wave. The AB swing leg can be equal to the CD swing leg to offer us an ideal low-risk high reward entry point.

Trade what you see, not what you feel:-

Regards,
SG

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