Here is a 1 min chart (HK50) showing the BIAS Red Semafor Top followed by our two white Dots. We are interested in the 2nd White Dot where Price should stall and a reverse should take place giving us our continuation of the DOWN move off the Top Semafor.

If we look at Fibonacci Retracement from the Top Semafor to the 1st White Dot we see that PRICE retraces back over the 61.8% and stays below the 78.6 level, this is a perfect Gartley 222 and price should move on DOWN from here.

Someone posted mladen's smoothed average indy in an earlier post so I thought I would see how it looks on the setup.... Nice!
Xard777