just for educational purposes
case study
not every W shape or M shape is an harmonic
harmonic follows strict rules
like B point should be 0.786 retracement of XA leg
And C point should be 0.886 or 0.382 or in between if near values good and is retracement of AB leg
and D 1.618 or 2.24 of BC and 1.27 of XA
these are for butter fly for other patterns retracements will vary
i started studying harmonics recently will take some time to master meanwhile looking for some examples if any please suggest me ,which are near exact retracements according to patterns
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
case study
not every W shape or M shape is an harmonic
harmonic follows strict rules
like B point should be 0.786 retracement of XA leg
And C point should be 0.886 or 0.382 or in between if near values good and is retracement of AB leg
and D 1.618 or 2.24 of BC and 1.27 of XA
these are for butter fly for other patterns retracements will vary
i started studying harmonics recently will take some time to master meanwhile looking for some examples if any please suggest me ,which are near exact retracements according to patterns
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.