What Is The Gartley Pattern & How To Trade With It

Gartley Pattern

The Gartley pattern is a type of Harmonic pattern that is based on Fibonacci numbers and ratios. Like other Harmonic patterns, the Gartley describes the price highs and lows. H.M. Gartley introduced the pattern in 1932 with his book “Profits in the Stock Market.” The Garley is also known as the 222 pattern, as H.M. Gartley mentioned the pattern on page 222 of the book. Initially, the Fibonacci levels were not applied in the Gartley pattern, but later, Larry Pesavento applied the Fib ratios in his book, “Fibonacci Ratios with Pattern Recognition.” What is the Gartley pattern? The Gartley uses …READ MORE