Bearish Gartley on Nifty

swagat86

Active Member
#5
Its a very Strong Reversal pattern. In this case it can be a reversal in the Up move which has begun after the fall. CAutious. Just search for Gartley in 4Shared.

happy new year
TO U 2
 

swagat86

Active Member
#8
Hi RSI, here's the Link.
http://www.4shared.com/network/sear...y&searchDescription=&searchExtention=&start=0
For AFL's and Metastock Formulas
http://www.traderji.com/amibroker/10592-request-help-pattern-recognition-afls.html
Im unable to Code these into proper formulas.Gettin a lot of Errors. Hope some one will work them out.

Hi kannamthanam, i dont think trading just on the basis of this Pattern wud work. Use a Filter like ADX or break of a Major support to Short.
I believ we'r in the 5th wave, so sooner or later it will come.
Although im not an Wavist but still cant predict 5th wave. Look for Divergences, ul Know wen it will come.

Bets Wishes
 
C

Czar

Guest
#9
this is the 8th straight up month for the sensex.... maybe this pattern should be taken seriously... only once has the sensex done this before, when the bull run began in may 03
 
D

darsh_goswami

Guest
#10
Good find buddy @ Swagat ,..

But one thing to be considered over here is that ,.. if nifty is able to sustain over 4036 for 3 days ,.. it will definately create a failure in gartley pattern. And i dont think the base of 3960 is to be penetrated so easily.

Anyways ,.. lets see what comes next in the market...

Regards,..
Darsh
 

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