Bullish Gartley
BullishReversalAdvancedFour Fibonacci legs. The last one dips to 78.6% of the first, and turns.
No verdictBitcoin 4H: 4 trades, won 100%, avg trade +3.4% vs random day +0.3% (too few trades to judge). Backtest
Price bottoms at X, then rallies hard to A. That rally is the ruler for every other leg.
step 1/8
Trade rules
| Direction | Long (buy) |
|---|---|
| Entry | B at 61.8% of XA, C at 38.2-88.6% of AB, D at 78.6% of XA with CD 1.27-1.618x BC (each ±5%). Once price bounces 2% off D (2.5% on stocks), a candle CLOSES above the high of the D candle within 5 candles. |
| Cancelled if | Price trades below D before that close. No pattern if price climbs back above C before D, falls more than 5% past the 78.6% level, or D takes longer than X to C took. |
| Target | 61.8% of A to D, projected from the breakout |
3 common mistakes
- Buying at D before price shows any bounce.
- Accepting a B at 50% or 70%: then it isn't a Gartley.
- Putting the stop under D: X is where the pattern is proven wrong.
Backtest
same rules every time · equal size · no fees · method| Market | Trades | Won | Avg trade | Random day |
|---|---|---|---|---|
| Bitcoin · 4H · 2017-2026 · too few trades to judge | 4 | 100% | +3.37% | +0.30% |
| US large caps (50) · 1D · 2016-2026 · too few trades to judge | 9 | 78% | +1.41% | +0.84% |
No verdictNot enough signals to judge.