Harmonic Patterns ratio and examples

2016년 4월 30일

Hi,
Above, some harmonic patterns that i often look for (bullish ones)


These patterns, when identified, have a good risk/reward ratio. They allow traders to enter into the market with minimal risk. Obviously, you need some other confirmations before taking the trade on the pattern completion.
If the point D occurs with some divergence on classic oscillators (RSI / Macd, Sto), on a bottom (or top, if pattern is bearish) of a trendline / channel, previous support/resistance levels, supply/demand zone...then there are good probabilities to see price react on the completion of the pattern.

There are plenty of patterns, but this selection, from my side, is a good start for those who want to learn harmonic pattern.

Below some examples that have worked nicely (this don't work each time, this would be too easy ;)

2016년 5월 1일

노트

Erratum : Butterfly pattern
D point = 1.272/1.414 of XA (not BC)