This is a perfect the "Gartley Pattern" for NIFTY.

Oct 27, 2020

• "B" retracement of XA leg @ 61.8%
  
• AB = CD, is at 11737
• Potential Reversal Area with overlapped Terminal bar.
  
• "D" retracement of XA leg in range of 1.27 to 1.618.
  
• Spent 5 Day for, "B" retraced, "D" also 5 days.
  

This is the district the Gartley Pattern example. The price is travelling 61.8% retracement area after reversal area.

Oct 29, 2020

Trade closed: target reached