Harmonic Patterns Cheat Sheet
Introduction to Harmonic patterns Harmonic patterns are the geometric chart patterns that are made by using specific Fibonacci retracement and … Read more
There are more than 9 harmonic patterns that most retail traders use to do technical analysis in trading. Harmonic patterns are made by combining the natural patterns with mathematical ratios to make a profitable trading plan.
The 9 major types of harmonic patterns have been explained in detail. In each chart pattern, a trading plan and trading strategy have also been discussed to make it clear for newbie traders.
Harmonic patterns are not easy to trade because of fix and tight requirements. We have tried our best to explain these harmonic chart patterns from A to Z in a simplistic way.
After learning all the Harmonic Patterns, you will get a harmonic pattern cheat sheet that includes all the basic details of each pattern. You can also download it in PDF, so you can keep on learning while trading.
The unique characteristic of harmonic patterns is that they use natural patterns, Fibonacci ratios, and fix rules or requirements. That’s why these patterns work in trading as well as are easy to trade.
A newbie trader will find it difficult to spot harmonic patterns on the chart but with the screen time, you will master these patterns.
We have explained harmonic patterns in a proper way from top to bottom with a pattern trading strategy. You can also become a profitable trader by following the rules explained in each article.
Remember to backtest all the harmonic patterns before trading on a live account.
We recommend you to read all the patterns one time and then master each pattern one by one only to avoid confusion.
Introduction to Harmonic patterns Harmonic patterns are the geometric chart patterns that are made by using specific Fibonacci retracement and … Read more
Definition of AB=CD pattern AB=CD pattern refers to a harmonic chart pattern that contains two impulsive waves of equal length … Read more
Crab and Deep Crab harmonic pattern Crab and deep crab are other types of harmonic patterns based on specific Fibonacci … Read more
What is Gartley Pattern in trading The Gartley pattern is a type of harmonic pattern that is recognized on the … Read more
Like other harmonic patterns, the shark pattern is also famous not because of its name but also due to its … Read more
5-0 Harmonic Pattern 5-0 harmonic pattern is a 5-wave pattern that represents a trend reversal and end of retracement move … Read more
Butterfly pattern consists of 4 waves, and it is a reversal chart pattern in forex trading. To detect a butterfly … Read more
A reversal pattern indicates three consecutive and symmetrical attempts by the price to achieve a target price and then reversal … Read more