Harmonic patterns illustrate how prices of currencies behave under different market conditions to help you identify trend reversals and initiate buy or sell orders. These patterns rely on Fibonacci ...
Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...
Harmonic patterns can be used to spot new trading opportunities and pricing trends – but only if you know exactly what you are looking for. Read on to learn about the top harmonic patterns, and how to ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...
XLE, the energy sector ETF, has multiple Bat harmonic patterns fueling both the Day and Intraday charts. The Day chart shows a cyan colored emerging Bat, which its completion requires price to take ...
The Gartley pattern, a powerful harmonic chart pattern, holds the key to identifying potential market reversals. Unlocking the secrets of this pattern can significantly enhance your trading skills, ...
Today at 2pm Janet Yellen and her FOMC will release a statement on monetary policy. It is anticipated that there will be no change to their actions, keeping short term interest rates steady. In a few ...
Here is an update to a previous post regarding 6JH13. In that particular post, it was written that there was a shallow retracement; since then the retracement level of .009935 has not been breached, ...
One of the most unique but most powerful harmonic patterns appeared on Ethereum’s chart during the early New York session. Harmonic patterns can provide powerful reversal zones when used in ...