dear Ntrader ..what i want to know is let us say that now in crude daily chart we can see gartley bullish formation.. and it has came up from $92 to almost $97.. but we can see right hand side there some fibo levels .. can we take any positions according to it??
If your system is to trade all the gartley patterns then go by it, if your system is to trade fib retrenchments then take them, if your system says give preference to one over other do that, there is no conflict here.
Now if you do not have a system to resolve fib v/s gartley (or any other pattern u want to trade) first make that choice, back test, decide what you will do under all possible scenarios and then stick to it.
In short make a system (define your trading rules, process) and then always follow it
Thanks