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Harmonic Patterns

Harmonic Patterns

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Ogechinwankwo
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134 views6 pages

Harmonic Patterns

Harmonic Patterns

Uploaded by

Ogechinwankwo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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ABCD - SELL Pattern ABCD - BUY Pattern 7. S iS Buy The Bullish Three-Drive Pattern (conta) £15569” | 800465072 | pasocom Bearish Three-Drive Pattern Rules (potential buy at third drive) 4. Symmetry isthe key to this patteen 2. Drvas 2 end 3 should be 127.2% or 261.806 axtansons ofthe A and Cretracements 3. The A and C retracements wil ypesly be 61.8% or 78.5% of the previous suing + In strongly trending markets, these retracements may be 38.2% or 50% 4. The times of the A and Cretracements should be symmetrical. The same is true for extensions (second and third drives to the bottom) 5.A large price gap at anytime may bea sign thatthe pattern is wong. Tenders should wat for further confirmation that @bottam sin progress Flag and Pennant Bearish Gartley Breakout to the upside pte fisting Downtrend Existing Uptrend Bear Flag Bearish Shark Pattern Bearish 5-0 Pattern Bullish 5-0 Pattern Head Bullish ABCD Left Shoulder Right Shoulder Wr ait Minimum Price Objective AB=CD “Classic” ABCD ABCD Extension Timo co 172% o Time of ...equals BCI 61.8% A Sigh eegn oe 08 jae timwoteo Ac poombonotae c Q tenets). ‘s | ON equals fenger than aw s ; eum? Yon S (or 161.896 of BC “Classic” ABCD ABCD Extension (Dis 127.2% or wuasetec” 0 8. c rer Wis6L8% — (OrTR6%6 of AB. iene of CD is 272° 6 WLS age an AB Feish ABCD

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