Harmonic patterns

The Alternate Bat pattern is popular for incorporating the 1.13XA retracement.Firstly, an important factor is the B point retracement that must be 0.382 retracements or it must be less of the XA leg. Furthermore, it only utilizes a 2 or more BC...

Chart patterns provide so many smart ways of applying harmonic patterns in your chart. Some of them are fully automated approaches and some of them are semi-automated approaches. One of them is using the XABCD harmonic chart pattern. The XABCD harmonic is a group of...

The 5-0 pattern is a reversal harmonic pattern.It follows specific fibonacci ratios (which you can read more below) What is the 5-0 harmonic pattern? Just as it is with the shark pattern, the 5-0 harmonic pattern is a relatively new pattern discovered by Scott Carney....

Trading with technical analysis demands traders to depend mostly on a mixture of technical indicators and trade based on the signals from this approach. Apart from using technical indicators, traders also utilize chart patterns to base their trading decisions, whether...

The Bat harmonic pattern is close to the Gartley pattern. It is a retracement and continuation pattern that comes up when a trend temporarily changes its direction but then continues on its original course. The Bat harmonic pattern is a reversal pattern.It follows...

When it comes to harmonics, trading forex is very similar to the animal world. After crabs and butterflies, sharks have come to share their name with popular five-point patterns used in trading. A very new pattern, the shark harmonic pattern, was discovered by Scott...

When you decide to trade, the secret to becoming successful is in reading patterns. Harmonic price patterns take geometric price patterns to the next level by applying Fibonacci numbers to define specific turning points. Unlike other more trading processes, this...

The cypher pattern trading strategy teaches traders how to correctly trade and draw the cypher pattern. The cypher harmonic pattern can be used on its own and provide traders a profitable forex trading strategy. It is not surprising that geometric patterns are used in...

Harmonic trading is a kind of technical analysis generally used across futures, stocks and forex. Harmonic trading makes use of particular price patterns which are subject to alignment of specific Fibonacci extension and retracement levels. As a result of the...

The Gartley pattern is a 4-legged harmonic patternIt can be bullish or bearish It follows clear fibonacci levels (see the Gartley ratios paragraph for detail) What is the Gartley pattern? The Gartley pattern is the most commonly used harmonic pattern that is based on...

The AB=CD harmonic is reversal patternDepending on the context, it can be bullish or bearishIt should follow specific fibonnaci ratios : BC is the 61.8 percent Fibonacci retracement of ABCD is the 127.2 percent Fibonacci extension of BC What is the AB=CD trading...