GARTLEY PATTERN
- Anna K.
- Hits: 8780
Gartley pattern is a trading chart pattern that can help traders spot trends and their reversal based onFibonacci numbers. The pattern can also help trader identify highs and lows of the trade.
Gartley pattern is a trading chart pattern that can help traders spot trends and their reversal based onFibonacci numbers. The pattern can also help trader identify highs and lows of the trade.
Failed break occurs when the price is breaking through support or resistance levels but doesn’t have enough momentum in order to maintain the price and the direction of the movement. Since the validity and the price for failed break are compromised, traders tend to pull their money off a trade like that.
Bearish belt is a trading pattern the usually forms on the uptrend. Here are the main traits of bearish belt: