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Gartley explains the swing rise on IFCI

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  #1  
Old 30th April 2007, 11:26 PM
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Default Gartley explains the swing rise on IFCI

hello friends,

see the charts , every thing will be clear!!!!!

10days , 30min chart for IFCI,

Entire trade explained:

a)Pattern setup
b)Entry
c)Stop
d)Target

this is unique with gartley patterns. If you dont know them, search on www.investopedia.com

Any comments welcome,

Regards,
Winston

Last edited by winstonn; 15th January 2008 at 08:27 PM.
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Old 30th April 2007, 11:37 PM
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Default Re: Gartley explains the swing rise on IFCI

Entry: after point E , price Breaks the point C price from downside to upside.
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Old 30th April 2007, 11:40 PM
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Default Re: Gartley explains the swing rise on IFCI

Winstonn,

You r right but in Bullish Gartley ,it is "x" ,"A,"B" "C" & "D" ,your A should be "X" & accordingly all other markings should also change .In bullish gartley A to B = .618 of X to A etc etc,hence your markings of the wave should change only.

Asish
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Old 30th April 2007, 11:44 PM
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Default Re: Gartley explains the swing rise on IFCI

Hi Asish,
thanxs for correcting
ohh!!! ya, i was in a rush of excitement!
well, it is X-A-B-C-D
instead of ABCDE.

Regards,
Winston
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