The Perfect Gartley

The Perfect Gartley should possess the following elements:

1. Precise 0.618 B point retracement of the XA leg.
2. Precise 0.786 D point retracement of the XA leg in the PRZ.
3. Mandatory 1.618 BC projection.
4. Equivalent and Perfect AB=CD (0.618/1.618) with distinct symmetry and time duration for each leg.
5. C point at a 0.618 retracement.

Although the ideal Gartley is well defined, a perfect Gartley utilizes the perfect AB=CD pattern (0.618/1.618) structure. The perfect AB=CD is primarily defined by the C point retracement that should be precisely 0.618 of the AB leg. The 0.618 C point retracement sets up the 1.618 BC projection. For obvious reasons, the 0.618 and 1.618 AB=CD pattern represent the most harmonic ratios that are directly derived from the Fibonacci sequence.