Expose Hidden Profits: The GARTLEY Pattern Trading Strategy | IN TAMIL | CANDLE PATTERNS| INVESTMENT

Harmonic Chart Patterns and Fibonacci Ratios:

Technical analysts use harmonic chart patterns, like the Gartley pattern, to identify potential price movements.
These patterns rely on the Fibonacci sequence, a series of numbers found in nature, to predict geometric structures in price charts.
Tools like Fibonacci retracements and extensions help identify these structures.

Trading with Gartley Patterns:

The Gartley pattern is a common tool that predicts potential reversals or continuations of existing trends.
It's often used alongside other technical indicators or chart patterns for confirmation.
The pattern provides insights into both the timing (when) and magnitude (how much) of price movements.
Traders can use breakout/breakdown points as support/resistance levels.

Similar Chart Patterns:

Elliott Wave Theory is another popular geometric chart pattern that predicts future trends based on price movements and their relationships.

Key Benefit:

Gartley patterns offer a comprehensive view of potential price movements, including both timing and magnitude.

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