That is ZUP 60 from russian trader nen by onix
http://onix-trade.net/forum/index.php?act=SF&s=&f=54 about ZUP (room nen)
http://onix-trade.net/forum/index.php?showtopic=118&st=0 Gartley Patterns
How to determine the entry point using this indicator ? coz this indi was repaint...
Forex Indicators Collection
It's a bull flag. Same with Cable.
See this images
Thanks guys. There are actually half dozen different methods verifying this potential up comming turn in the euro$. Even fundamentally. Being memorial day in the U.S. gas prices get jacked for the summer, thus causing a drop in value of the $. Especially since gas is already over 3$ a gallon.
But back to harmonic patterns...
I pulled measurements on the a,b=c,d and there right on .618, and 1.618. But my target could be wrong.
Mabe some one can look at my projected target and agree or disagree? I targeted the 1.618 of the entire correction. I think thats appropriate. Should be projecting a wave 5.
Also in the 3 major waves down, a, and c are both 3 drive waves. and b is typical 3 wave zig zag.
And heres the full gartley.
I just want to inform you we have a new book from http://www.harmonictrader.com/ and i think is better one
Just take a look
This place also agrees it's a bullish gartley:
The start of wave "x" looks tricky. If pulled where I did, indicates a slightly lower move befor the reversal. But if moved the start of "x" wave to where they did, indicates the bottom is already in place.
Will be interesting to see who's starting point is more accurate as to when this will turn up.
Present from Russia
Say thanks nen
I've checked this table and I've not understood why a failed Gartley cannot become a Butterfly. Could you please explain me?
Thank you very much in advance!