This is the the Bullish Gartley pattern (Pre-Prediction Area)

This is the the Bullish Gartley pattern which was pre-predicted retracement of D point of XA retracement.

  • The Probability Reversal Area at 11736 (current market price 11840) which is 100 points far from now.


The overlapping of the AB=CD and this is a nice structure with ideal alignment of harmonic numbers on 15min chart. After failing this pattern will be expectation of fall.

I prefer to wait and watch for the range of Probability Reversal Area.
GartleyHarmonic PatternsNIFTYPivot Points

Penafian