explanation of gartley harmonic chart patterns:

Explanation of gartley harmonic chart patterns:

Gartley pattern aik harmonic chart pattern hai, fibonacci numbers aur ratios per based hota hai, jo traders ko reaction ki highs aur lows find karny mein help karta hai. Discovery: Apni book profit stock market mein H.M. Gartley harmonic chart pattern ki 1935 mein foundation rakhi . Gartley pattern most commonly used harmonic chart pattern hai. Larry Pesavento ny bad mein ratios ko Fibonacci pattern mein apply kia aur pattern ki recognition ka baray mein detailed discussion ki. Important points:

• Gartley pattern most important aur common harmonic chart pattern hai.
• Stop-loss point "0" ya x per positioned hota hai, aur take profit point C per set kia jata hai.
• Gartley pattern technical market ka dosray indicators ka sath conjunction mein use hota hai jo keh bad mein confirmation detay hain.
• Explanation:
• Gartley pattern aik harmonic pattern hai aur harmonic pattern is prise per operate kartay hain keh Fibonacci sequence ko use kartay huay ham geometric structure bna saktay hain jesa keh price mein breakout aur retracement.
• Fibonacci ratio nature mein common hai aur technical analyst ka liay common area of foccus ban gai hai jo keh tools use kartay hain jesa keh Fibonacci retracement , extension, fans , clusters, time zones etc.
• Bahut sa technical analyst Gartley Pattern ko dosray pattern ka sath conjunction mein use kartay hain jesa keh technical indicators. For example:
  • Pattern aik big picture overview provide karta hai keh kahan per price likely long-term jay gi, jab keh tradees predicted trend ki direction mein short term trades execute kartay hain.
  • Breakout aur breakdown price targets bhi support aur resistance level per traders use kartay hain.
  • Benefit: Key benefit yeh hai keh is tarah ka chart patterns specific insight provide kartay hain timing aur price movement ka magnitude ko rather aik ya dosray per dekhnay ki bajay.