When has a HARMONIC Pattern "Worked"????

١٩ أبريل ٢٠١٨

In this video I explain what I was taught in terms of a Harmonic pattern "working". In this example I initially look at a BAT pattern and I walk you through what it means for it to "work" and later on I show the same for a GARTLEY pattern.

In essence when price turns at D, you can consider the pattern having worked once price passes A. You can take profit or even exit the trade before that, but that has more to do with an individuals trade management, in this case I am specifically focusing on what I understand as a Harmonic pattern "working".

Hope this helps.

٦ مايو ٢٠١٨

ملاحظة

nice example of a Butterfly pattern "working" which in this case means it has taken out A.

١١ مايو ٢٠١٨

ملاحظة

Rippple Gartley pattern which has worked i.e. taken out A

١١ مايو ٢٠١٨

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Lisk Butterfly

١٢ مايو ٢٠١٨

ملاحظة

Bitcoin Butterfly has taken out A which means it has "worked"