by Frano | Aug 10, 2021 | Harmonic Pattern
ABCD harmonic pattern in Forexis a reversal pattern which can be bullish or bearish and follows Fibonnaci ratios: B-C leg is 61.8% retracement of A-B leg C-D leg is the 127.2% extension of B-C leg The ABCD pattern tells you when you can expect the market will reverse....
by Frano | Aug 9, 2021 | Harmonic Pattern
121 harmonic pattern is an advanced harmonic pattern in Forex which uses Fibonnaci ratios, market overview and trend to identify reversal or continuation of a trend. With its precision 121 harmonic pattern gives you a good indication where the trend will move and...
by Frano | Aug 8, 2021 | Harmonic Pattern
The 5.0 harmonic pattern is a XABCD pattern with an additional 0 point which suggests trend reversal by having B point as a last point in the trend direction. 5.0 pattern is modified Shark pattern where you need first to find Shark pattern and then check the 5.0...
by Frano | Aug 7, 2021 | Harmonic Pattern
The Shark pattern is an exhaustion pattern with five points and with four legs defined by Scott Carney who also defined Fibonnaci ratio patterns like Bat, Crab, Gartley and 5-0 pattern. Shart pattern is a pattern which uses 0, X, A, B, and C points where the D point...
by Frano | Aug 6, 2021 | Harmonic Pattern
The Harmonic Cypher pattern is one of reversal harmonic trading patterns who have 4 legs and 5 points like other harmonic patterns in Forex and where the high and lows are moving UP in bullish scenario and down in bearish scenario. NZDHKD Forecast – Close to...
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