UnknownUnicorn6129250

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

NSE:NIFTY   Nifty 50 Index
  • "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.
Trade closed: target reached
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