2014年10月5日 星期日

study of 1928's gartley pattern and ratios

 Gartley pattern under Larry Pesavento's latest version:
XA-AB-BC-CD and their inter-relationship
I assume X starts at 20.65 (not 33.50 this time) and A at 68.00
 end of CD is nicely on 0.618 retracement level, end of AB is almost perfect, just about 60 cents away.
 C is obviously ended at 0.618 retracement of AB
CD is about 1.33 (not 1.382) of AB starting from point C

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