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Harmonic Trading
Harmonic Trading
GARTLEY PATTERN
2-Point C should be between .382 to .886 retracement of the AB leg. Ideally, retracement BC should be
between 61.8% and 78.6% of the AB price range.If the retracement is 61.8% then BC extension would be
1.618.whereas if the retracement is .786% then BC extension is likely to be 1.27
BUTTERFLY PATTERN
Bullish Bearish
BAT PATTERN
2-Point D is an extension of the BC leg which should be a mimimum of 1.618 to 2.618(1.618,2,2.24,2.618 etc)
In addition, the AB=CD pattern within the Alternate Bat is always extended and usually requires a 1.618AB=CD
calculation.
The pattern incorporates 1.13XA retracement as the defining element IN PRZ and marks the completion of pattern at
point D.
SHARK PATTERN-
AB leg extends OX leg between 113% – 161.8%.B is the 1.13-1.618 extension of XA leg
XA should not retrace more than 61.8% of OX.
5-0 PATTERN
AB leg extends OX leg between 113% – 161.8%.B is the 1.13-1.618 extension of XA leg
XA should not retrace more than 61.8% of OX.
BC leg is also an extension of AB by 161.8% – 224%.If the 1.618 limit is not reached the
structure is not a valid 5-0 pattern.
5-0 incorporates a reciprocal AB=CD.in a reciprocal AB=CD the BC leg is extended and the
AB=CD should be of equal length.this is very important.
CYPHER PATTERN
B-point : should see a minimum of 0.382 retracement of XA and cannot close beyond
the 0.618 extension of that same leg.
C-point : should reach at minimum the 1.272 extension of the XA leg and cannot close
beyond the 1.414 extension of that leg. NOTE-the extension is of XA leg rather than AB leg
D-point : lies at the 0.786 of the complete XC move.
CRAB PATTERN-
After the crab pattern is established, traders can take their positions at or
from point D (at the high or at the low of the price bar at D) targeting 61.8%
and 127.2% of CD leg.
DEEP CRAB PATTERN