There are many harmonic patterns in the trading theory. Somtimes they are usefull, somtimes not. It's up to you. We usually using a price action but harmonic patterns accompany us in some trades. Formations can seem complicated for beginners. Actually they are. But practic make you better and more professional. All of us took his first steps in the Forex. More important thing is: "Don't give up!". Just look on the pictures below and study them to know how simple they are. Soon we show how to find harmonic patterns on the chart.
Gartley
Bear trend |
Bull trend |
Batterfly
Bull trend |
Crab
Bear trend
|
Crab
alternate
Bear trend |
Bull trend |
Bat
Bat
alternate
Bear trend |
Bull trend |
Bat
alternate
Bear trend |
Bull trend |
1-2-3 pattern