This is how I see it/ Key Fibs. circled. Hope that helps.
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km
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hi fibline,
very interesting. as a novice EW practitioner, i believed that a classical a-b-c retracement following the impulse to 21.73 was done at 19.39. seems to me that the gartley looks at this as just the AB segment, with a turnaround at C = 21.48 (we turned around very close on friday), and D extended at 18.10? it would help me if you labeled the X/A/B/C/D points based on the latest action and also updated this chart, if you have the time and patience, of course. thank you again for your prompt response and willingness to help.
very interesting. as a novice EW practitioner, i believed that a classical a-b-c retracement following the impulse to 21.73 was done at 19.39. seems to me that the gartley looks at this as just the AB segment, with a turnaround at C = 21.48 (we turned around very close on friday), and D extended at 18.10? it would help me if you labeled the X/A/B/C/D points based on the latest action and also updated this chart, if you have the time and patience, of course. thank you again for your prompt response and willingness to help.
best regards,
km