Harmonic pattern

Posts: 35 · #31 - July 09, 2019, 01:41:43 AM

Quote from: zaro on June 26, 2019, 01:50:20 PM

that is the difficulty of using a harmonious pattern that might have to wait until the pattern is fully formed

the trading rules must be like that

Posts: 65 · #32 - August 05, 2019, 05:00:45 PM

this technique is suitable for beginners and is simple because we only find M and W shaped patterns and just measure with Fibonacci but many people are stuck with this pattern and immediately enter my suggestion to use RSi as an additional indicator

#33 - August 16, 2019, 06:14:50 PM

this technique is simple and easy to find on a chart just looking for the letter w or m making it easier for traders to make important entries keep mm and don't overlap

Posts: 110 · #34 - August 16, 2019, 06:58:57 PM

this pattern is always on the chart and it is easy to find the most important thing you find first the letter w or m then find the distance with Fibonacci do not direct entry wait for the price reaction first

Posts: 2224 · #35 - August 26, 2019, 01:37:25 PM

To simply determine the harmonic pattern, you can use an indicator harmonic pattern, which will automatically identify the pattern, so you don't need to find manually

Posts: 49 · #36 - January 03, 2020, 12:49:08 AM

this is my favorite strategy, because this strategy is actually quite easy, indeed sometimes the obstacle is when determining ABCD points because they have to match the Fibonacci size. I have a trick to overcome this. if in a trend up focus focus just look for the M pattern as an upward correction and if the trend down focus just look for the W pattern as a down correction. just focus on Fibonacci 38.2% 61.8% and 161.8%

Posts: 1028 · #37 - January 03, 2020, 01:56:19 AM

harmonic pattern is commonly used by profesional trader and it difficult for me as the beginner in trading and need learn more about this strategy but harmonic pattern is best

Posts: 339 · #38 - January 08, 2020, 02:07:50 PM

this pattern is suitable for detecting rough patterns for a trend. which means that in the first eye, we can know that there will be a harmonic pattern with the initial indication of the graph formation.

Posts: 424 · #39 - February 04, 2020, 03:21:19 AM

trading using patterns like this seems good also for the bus to make a profit, but when the pattern is still not fully formed more difficult to make a signal

Posts: 454 · #40 - April 28, 2020, 12:18:02 PM

This is an example of a rough description of the harmonic pattern technique, it is not in accordance with what is in my book, only looking for the initial identification of the letters W and M