Fibonacci- Projecting Target by Using last wave length

Fibonacci Projection of Elliot waves

Gartley Pattern & Fibonacci

EUR USD Gartley Harmonic Pattern is not just in the standard ratios but there is hidden technique within that is possible to monitor & project by Fibonacci .

WD GANN  always professed Squaring from one turning point to the other turning point from one wave to the other wave.(the wave has multiple sub-waves within)

There is a clue if we say Square of 0.786=0.618 it also may means inverse ratio of 0.618
1/0.618=1.618

You can see how beautifully it worked on weekly Timeframe

Andrew's Pitch Fork Target & Fibonacci

Andrews Pitch fork Projections can be verified with Fibonacci
Look the center of chart lower side

Fibonacci multiple is 0.382 & corresponding point in the next wave in opposite direction is at square to 0.382=0.618
Next Target is again square of 0.5 =0.7071
You can enlarge the chart & see it clearly

DN move also can be traded since it has Profit Loss ratio of 2+
Stop loss are also placed for both UP & DN moves

Profit loss ratio is Target profit / Possible loss if Stop loss is hit

Andrew's Pitch Fork simple to use

Andrew' Pitch Fork is very simple techniques to use

This can also be verified by Fibonacci Projections shown in the in the next posting

Profit loss ratio is Target profit / Possible loss if Stop loss is hit (Should be more than 1)