What is the gartley pattern?

What is the gartley pattern?

INTRODUCTION TO THE GARTLEY PATTERN: Gartley pattern ek technical analysis tool hai jo traders istemaal karte hain market mein potential turning points ko pata karne ke liye. Gartley patternko 1935 mein H.M. Gartley ne apni kitab "Profits in the Stock Market" mein develop kiya tha. Ye Gartley pattern Fibonacci ratios aur price movements ki symmetry ke concept par based hai. Gartley pattern kuch price swings, yaani "legs", se bana hai jo specific Fibonacci ratios ko follow karte hain. Ye ratios 0.618, 0.382 aur 1.618 jaise hote hain. In ratios ko chart par plot karke, traders specific patterns ko identify kar sakte hain jo indicate karte hain ki price kahan par reverse ho sakta hai. CHARACTERISTICS OF THE GARTLEY PATTERN: Gartley pattern char price points se bana hota hai, jinhe X, A, B, aur C kehte hain. Point X wo swing low ya high hota hai jo pattern ko start karta hai, jabki points A aur D corrective swings ko represent karte hain jo X se A tak ke initial move ko specific Fibonacci ratios mein retrace karte hain. Vishesh roop se, point B initial move ka 0.618 retrace karna chahiye, jabki point C A se B ki move ka 0.382 ya 0.618 retrace karna chahiye. Ant mein, point D X se A ki move ka 0.786 retrace karna chahiye. Ye ratios ek harmonic structure ko create karte hain jo price charts par identify kiya jaa sakta hai. APPLYING THE GARTLEY PATTERN: Gartley pattern ko apply karne ke liye, traders ko pehle swing low ya high ko identify karna hota hai jo pattern ko start karta hai (point X). Fir wo price move ko X se A tak measure karte hain, aur Fibonacci retracement levels ka istemaal karke pattern ke potential reversal points ko project karte hain. Jab potential reversal points (A, B, C, aur D) identify ho jaate hain, traders usse wait karte hain jab tak price in levels tak pahunch na jaaye. Jab price projected reversal points tak pahunchti hai, traders confirmation signals ko dhundhte hain, jaise candlestick patterns ya trendline support/resistance, jo potential reversal ko validate karte hain. POTENTIAL TRADE SETUPS WITH THE GARTLEY PATTERN: Gartley pattern se kai saare potential trade setups identify kiye jaa sakte hain. Sabse common setup hai ki point D par long trade (buy) ki entry karne ke liye, jahan par stop-loss order point X se neeche lagaya jaata hai. Trade ka target previous swing high ya pattern ka Fibonacci extension hota hai. Dusra setup hai ki point D par wait karein ek confirmation signal ka, jaise bullish engulfing candlestick pattern, tabhi trade mein enter karein. Isse setup ki confidence aur success ki probability badh jaati hai. LIMITATIONS AND CONSIDERATIONS: Gartley pattern market mein potential turning points ko identify karne ke liye ek valuable tool ho sakta hai, lekin important hai ki ye ek foolproof strategy nahi hai. Market conditions jaldi badal sakti hain aur pattern hamesha expected tarah work nahi kar sakta hai. Traders ko hamesha proper risk management techniques ka istemaal karna chahiye, jaise stop-loss orders, apne capital ko protect karne ke liye. Additionally, Gartley pattern ko dusre technical analysis tools aur indicators ke saath istemaal karna chahiye successful trades ki odds ko badhane ke liye. Sirf Gartley pattern par bharosa karne ki salah nahi di jaati hai.

Gartly pattern asan tareeqe se samjhane ka hai. Ye pattern ek chart pattern hai jisme price action ko observe kiya jata hai. Is pattern mein price pehle upar jata hai, phir thoda neeche aata hai aur phir mazeed upar jata hai

1. Introduction:- Gartley pattern ek technical analysis tool hai jo forex market mein istemal hota hai. Yeh ek specific chart pattern hai jo price movement ko analyze karne mein madad karta hai. 2. Components of the Gartley Pattern:- Gartley pattern char mukhtalif points se bana hota hai: a. XA Leg (XA Tang): Yeh pehla leg hota hai aur price movement ka start point hota hai. b. AB Leg (AB Tang): XA leg ke baad AB leg aata hai, jo price mein ek corrective movement hai. c. BC Leg (BC Tang): AB leg ke baad BC leg aata hai, jo price mein ek strong movement hota hai. d. CD Leg (CD Tang): BC leg ke baad CD leg aata hai, jo price movement ka end point hota hai. 3. Gartley Pattern's Ratios:- Gartley pattern mein specific Fibonacci ratios ka istemal hota hai: a. AB = 0.618 X XA: AB leg ka length XA leg ka 0.618 guna hota hai. b. BC = 0.382 X AB: BC leg ka length AB leg ka 0.382 guna hota hai. c. CD = 1.618 X BC: CD leg ka length BC leg ka 1.618 guna hota hai. 4. Identifying a Gartley Pattern:- Gartley pattern ka pata lagane ke liye aapko price movement ko closely monitor karna hoga. Jab price movement mein specific ratios ke saath XA, AB, BC aur CD legs milte hain, tab aap Gartley pattern ko identify kar sakte hain. 5. Trading Strategy:- Gartley pattern ka istemal trading mein karne ke liye hota hai. Agar aap Gartley pattern ko successfully identify karte hain, toh aap buy ya sell positions le sakte hain, depending on the direction of the pattern. Final Words:- Gartley pattern ek advanced technical analysis tool hai jo traders ko price movement ke trends aur reversals ko samajhne mein madad deta hai. Lekin, yeh important hai ke aap proper risk management aur market ki understanding ke saath iska istemal karein.

WHAT IS THE GARTLEY PATTERN DEFINITION Harold Mckinley gartley ke pass stock market advisory services the jis mein bahut zyada following the yah Service stock market ke behavior ka analysis karne ke liye scientific aur statistical methods ko apply karne wali Pahli service thi voh aakhirkar trader Ke Do sabse biggest problem solve karne mein Ka successful Ho Gaye: kya aur kab buy hai jald hi trader Ne realized kiya ke yah pattern other market ne apply Kiye Ja sakte hain tabse various books trading software aur other pattern gartleys ki based per banae gaye hain yah pattern trader ko overall Trend main jump ke liye good entry points Talash karne mein help karne ke liye use kiye Jaate Hain yeh voh pattern Hai jismein basic ABCD pattern Shamil Hain Jiske bare mein Ham pahle hi baat kar chuke hain lekin isase pahle Ek important high ya Low hoti hai yah pattern aamtaur per is time Hote Hain Jab overall trend ki extension ho rahi hote hai THE THE BAT Bat ki Defined move XA ke 886 retracement Ke sariya potential reversal zone ke Taur per ki gai hai move AB move XA 382 . 500 retracement Hona chahie move BC ya to ho sakta hai. 382. ya 386 move AB ka retracement Agar MOVE BC ka RETRACAMENT move AB ka 382 hai to CD move BC 1.618 extension honi chahie Agar move BC move AB ka 886. to CD movie BC KI 2.618 extension honi chahie CD move XA ki 886. RETRACEMENT honi chahie GARTLEY PATTERN TRADING STRATEGY BACKTEST ANDEXAMPLE a gartley aamtaur per Ek sign hai ke x se a Tak original Trend Dobara start hone wala hai pattern complete hone per market ko Ek Bar phir Di per Palat Jana chahie retracement ke end ko marking karna unfortunately se Ham gartley pattern ki trading strategy ka meaningful back test karne ke able Nahin Hai Kisi bhi back test ke liye strick trading rules aur Kuchh additional settings Ki Zaroorat hoti hai lekin chunke yeh Ek had Tak subjective pattern hai isliye Ham is able nahin hai ke kya needed hai yah bahut se Rule hai jo historical test ke liye darkar hai