EURUSD Harmonic Pattern Forecast The price has reversed from the $1.17200 which was a strong support and currently we have price next to weekly uptrend line which acts as a resistance. The strong resistance is above current price where weekly uptrend and downtrend...
Forex trading books for harmonic traders are: Harmonic Trading Volume 1 Harmonic Trading Volume 2 Chaos and Order in the Capital Markets Chaos – The Amazing Science of the Unpredictable The (Mis)Behaviour of Markets Trade What You See” and...
Potential Reversal Zone aka PRZ in harmonic trading is an area where the harmonic pattern completes and where the trading entry opportunity is. Trading opportunity is in reversal where the price tends to change the direction when it comes to the harmonic pattern D...
Three drives pattern is a harmonic pattern in Forex with 6 points which are used to define reverse of the market by using Fibonacci ratios. Three drives pattern 6 points are X, 1, A, 2, B, 3. It has three legs which are also called drives: X-1 leg A-2 leg B-3 leg You...
XABCD pattern is harmonic pattern in Forex that has five points, X, A, B, C, D which makes four legs, X-A, A-B, B-C and C-D. XABCD harmonic pattern is a pattern where other four major patterns are made from it. Those are Gartley, Butterfly, Crab and Bat. The base is...
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