Sunday, August 7, 2016

Gartley Pattern & Fibonacci

Chart EURUSD, W1, 2016.08.08 05:03 UTC, IronFX Financial Services Ltd., MetaTrader 4, Demo

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

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