Gartley Pattern - Trade What You SeeGartley Pattern is a little known pattern, but trading can be very profitable if you can spot these patterns. H.M Gartley made a few discoveries on trading in the 1930s, especially a pattern that repeats itself near the top and bottom of trend, known as Gartley 222 Pattern from page 222 of the book Profits in the Stock Market/with Charts A well known millionaire and US trader, Larry Pesavento then took it further and included fibonacci retracements levels in the analysis. The diagrams below show the patterns with ideal fibonacci ratio. 
This is a bearish pattern. It implies price will fall from point D. If you act quick enough, you can make a quick profit in a few days, weeks, months or even minutes, for this pattern.
I have heard of these wave patterns before, but never took any notes until I see them appearing every now and then near the top of trend, in the middle of retracement or small bounce including intraday, even on a 5 minutes chart. You can consider these patterns as part of Elliott Wave, continuation patterns or even reversal patterns. The chart below shows how profitable it could be if you trade these patterns. 
Recommended Softwave I came across this Wave59 software that can find wave patterns such as Gartley Patterns, ABCD, Head And Shoulder. You can build your own indicators as well as using their revolutionary indicators. In fact you can use this software to trade using most of the techniques and strategies covered on this website especially the
swing trading stock prediction technique
page. 
The above is a snap shot of Wave 59 website which shows you can draw the time and price of ABCD pattern or I call it swing 1 , retracemnet swing 2 and then swing 3 and the software will then find this pattern for you. You can also change this to draw XABCD and let the software find the gartley pattern on the chart for you and trade accordingly. This software also works on end of day data as well as real time data. You can try this wave pattern software free for 30 days as well. Just click on banner. Recommended Books If you want to learn more on how to trade Gartley and other patterns, then try this book written by Larry Pesavento Trade What You See: How to Profit from Pattern Recognition (Wiley Trading) Chapter 5 and 6 go into great details on trading these Gartley and other Patterns .
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