Gartle and butterfly chart pattern
Assalam alaikum dear members!jesa k apko yad ho ga last post main hum by harmonic chart patterns start kye thy or un main se phly 2 patterns ABCD or BAT pattern ko hum discuss kr chuky hn.
agr ap ny meri pchli post ni read ki to go through kr ln taa k apko harmonic patterns ka andaza ho jay.
aj ki post main hum 2 patterns discuss karen gy
Gartley pattern
Butterfly pattern
what is Gartley pattern?
Dear members eska nam es k founder HM GARTLEY k nam py rkha gia ha.or es main bhi 4 points hoty hain XABCD.
es main 4 movements hoti han phli hoti ha XA dosri hoti ha AB or phr BC or akhri hoti ha CD.
Point B ki retracement XA line ki 0.618% honi chahye.
jb k point D ki retracement XA k nisbt 0.786 honi chahye.
ye pattern shkl main BAT pattern se milta julta hota ha or es main Stop loss point X K Equal hota ha jb k take profit point C k equal hota ha.
What is Butterfly Pattern?
Butterfly pattern 1 harmonic pattern ha jo k complete hony py 1 butterfly ki shape jesa dkhta ha.
ye basically 1 reversal pattern ha or ye fibonacci retracement levels ko use kr k market ki potential retracement ko track karta ha.
Es k 4 point hoty hn XABCD
or in 4 points ko mila k 4 lines bnti hain jinko legs kaha jata ha XA,AB,BC,CD.
Most important retracement ratio 0.786% ha jo k XA ki hoti ha.
Or ye point B ko identify karny main help krti ha.
agr ap ny meri pchli post ni read ki to go through kr ln taa k apko harmonic patterns ka andaza ho jay.
aj ki post main hum 2 patterns discuss karen gy
Gartley pattern
Butterfly pattern
what is Gartley pattern?
Dear members eska nam es k founder HM GARTLEY k nam py rkha gia ha.or es main bhi 4 points hoty hain XABCD.
es main 4 movements hoti han phli hoti ha XA dosri hoti ha AB or phr BC or akhri hoti ha CD.
Point B ki retracement XA line ki 0.618% honi chahye.
jb k point D ki retracement XA k nisbt 0.786 honi chahye.
ye pattern shkl main BAT pattern se milta julta hota ha or es main Stop loss point X K Equal hota ha jb k take profit point C k equal hota ha.
What is Butterfly Pattern?
Butterfly pattern 1 harmonic pattern ha jo k complete hony py 1 butterfly ki shape jesa dkhta ha.
ye basically 1 reversal pattern ha or ye fibonacci retracement levels ko use kr k market ki potential retracement ko track karta ha.
Es k 4 point hoty hn XABCD
or in 4 points ko mila k 4 lines bnti hain jinko legs kaha jata ha XA,AB,BC,CD.
Most important retracement ratio 0.786% ha jo k XA ki hoti ha.
Or ye point B ko identify karny main help krti ha.