slrocheleau

slrocheleau Updated 

The main rules of the Bullish and Bearish Gartley are as follows: AB must retrace 61.8% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.272% – 1.618% of AB CD can also be a retracement of up to 78.6% of XA leg The point D is known as the PRZ or Potential Reversal Zone

slrocheleau

If you are tired! of losing money! in these markets and are ready to learn the Harmonic Way of trading these finacial market PM me now!. My time is not free of course but as you can see this pays for itself.

slrocheleau Updated 

he Shark pattern has the following ratios. AB leg extends OX leg between 113% – 161.8% BC leg extends beyond O by 113% of the OX leg BC leg is also an extension of AX by 161.8% – 224% Unlike other harmonic patterns, the trades are entered as follows: Entry is at 88.6% of OX leg with stops coming in at point C Targets can be 61.8% of BC

slrocheleau Updated 

Classic ABCD: In this pattern, the BC is a retracement of 78.6% of AB, with CD being the extension leg of 127.2% (equal in price distance) The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern. AB leg can retrace between 38.2% – 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can...

slrocheleau

The key characteristics used to identify the Harmonic Crab pattern are as follows:: AB leg can retrace anywhere between 38.2% up to 61.8% BC can retrace 38.2% – 88.6% of AB leg CD is an extension of up to 161.8% of XA leg and is also an extension of 224% – 316% of the AB leg After the crab pattern is established, traders can take their positions at or from point...

slrocheleau

The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern. AB leg can retrace between 38.2% – 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can retrace up to 88.6% of XA leg CD leg can also be an extension of between 1.618% – 2.618% of AB leg

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Entry is 7055 The Harmonic Alternate Bat pattern has the following characteristics which can be used to identify the Bat pattern. AB leg can retrace between 38.2% – 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg retraces 113% of XA leg CD leg can also be an extension of between 1.618% – 2.618% of AB leg

slrocheleau

The Shark pattern has the following ratios. AB leg extends OX leg between 113% – 161.8% BC leg extends beyond O by 113% of the OX leg BC leg is also an extension of AX by 161.8% – 224% Unlike other harmonic patterns, the trades are entered as follows: Entry is at 88.6% of OX leg with stops coming in at point C Targets can be 61.8% of BC

slrocheleau

The Shark pattern has the following ratios. AB leg extends OX leg between 113% – 161.8% BC leg extends beyond O by 113% of the OX leg BC leg is also an extension of AX by 161.8% – 224% Unlike other harmonic patterns, the trades are entered as follows: Entry is at 88.6% of OX leg with stops coming in at point C Targets can be 61.8% of BC

slrocheleau Updated 

The main rules of the Bullish and Bearish Gartley are as follows: AB must retrace 61.8% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.272% – 1.618% of AB CD can also be a retracement of up to 78.6% of XA leg The point D is known as the PRZ or Potential Reversal Zone The most famous aspect of H.M Gartley’s book is the...

slrocheleau Updated 

See chart for TPs

slrocheleau Updated 

I'm short just because of price action and we are already deep into the D leg. The Crab Pattern™, is a Harmonic pattern™ discovered by Scott Carney in 2001. The critical aspect of this pattern is the tight Potential Reversal Zone created by the 1.618 of the XA leg and an extreme (2.24, 2.618, 3.14, 3.618) projection of the BC leg but employs an 0.886...

slrocheleau

The main rules of the Bullish and Bearish Gartley are as follows: AB must retrace 61.8% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.272% – 1.618% of AB CD can also be a retracement of up to 78.6% of XA leg The point D is known as the PRZ or Potential Reversal Zone From Point D, a trade can be entered with stops at or above...

slrocheleau

The key characteristics used to identify the Harmonic Crab pattern are as follows:: AB leg can retrace anywhere between 38.2% up to 61.8% BC can retrace 38.2% – 88.6% of AB leg CD is an extension of up to 161.8% of XA leg and is also an extension of 224% – 316% of the AB leg After the crab pattern is established, traders can take their positions at or from point...

slrocheleau

Basic 5-0 Requirements Although the pattern incorporates 5 points within the structure (X, A, B, C, D), the starting point of the structure (0) can be the beginning of any extended price move. However, the initial point X must possess a specific alignment with respect to the A and B point. The X, A , B formation of the structure is usually some type of impulse...

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Butterfly Rules AB can retrace up to 78.6% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.618% – 2.618% of AB CD can also be an extension of up to 1.272% – 1.618% of XA leg The point D is known as the PRZ or Potential Reversal Zone

slrocheleau

Three drives The three drives pattern is a reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It can signal that the market is exhausted in its current move and a possible reversal is about to occur on the price chart. The bullish version of the pattern can help to identify possible buy...

slrocheleau

Three-Drive The three-drive pattern is a lot like the ABCD pattern except that it has three legs (now known as drives) and two corrections or retracements. Easy as pie! In fact, this three-drive pattern is the ancestor of the Elliott Wave pattern. As usual, you’ll need your hawk eyes, the Fibonacci tool, and a smidge of patience on this one.