SIMPLE HARMONIC PATTERNS
HARMONIC PATTERNS – “TYPE 1”
(TYPE 1 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-GARTLEY 222 (78.6% OF X-A)
-BAT (88.6% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI NEN STAR (78.6% OF X-A)
-ANTI ALTERNATE SHARK (88.6% OF X-A)
NOTE:
-TYPICAL 3 WAVE/SWING CORRECTION
-POINT ”B” DOES NOT RUN TOO DEEP PAST 61.8%, PREFERABLY <50%
POINT “D” WITHIN X-A
61.8%,78.6%,88.6%
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HARMONIC PATTERNS – “TYPE 2”
(TYPE 2 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-BUTTERFLY (127.2/161.8% OF X-A)
-CRAB/DEEP CRAB (161.8% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI SHARK (113% OF X-A)
-ALTERNATE BAT (113% OF X-A)
-ANTI CYPHER (127% OF X-A)
NOTE:
-POINT ”B” DOES NOT RUN TOO DEEP PAST 61.8%, PREFERABLY <50%
POINT “D” ABOVE X
113%,127%,161.8%
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ADVANCED HARMONIC PATTERNS
HARMONIC PATTERNS – “TYPE 3”
(TYPE 3 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-CYPHER (78.6% OF X-A)
-SHARK (88.6% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI CRAB (61.8% OF X-A)
-ANTI BUTTERFLY (61.8/78.6% OF X-A)
NOTE:
-COMPLEX CORRECTION
-POINT ”B” < 61.8%, PREFERABLY < 38.2 - 50%
POINT “C” TERMINATES BELOW A
POINT “D” WITHIN X-A
61.8%,78.6%,88.6%
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HARMONIC PATTERNS – “TYPE 4”
(TYPE 4 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-NEN STAR (127.2% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI BAT (113% OF X-A)
-ALTERNATE SHARK (113% OF X-A)
-ANTI GARTLEY (127% OF X-A)
NOTE:
-POINT ”B” DOES NOT RUN TOO DEEP PAST 61.8%, PREFERABLY <50%
POINT “C” TERMINATES BELOW A
POINT “D” ABOVE X
113%,127%
HARMONIC PATTERNS – “TYPE 1”
(TYPE 1 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-GARTLEY 222 (78.6% OF X-A)
-BAT (88.6% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI NEN STAR (78.6% OF X-A)
-ANTI ALTERNATE SHARK (88.6% OF X-A)
NOTE:
-TYPICAL 3 WAVE/SWING CORRECTION
-POINT ”B” DOES NOT RUN TOO DEEP PAST 61.8%, PREFERABLY <50%
POINT “D” WITHIN X-A
61.8%,78.6%,88.6%
----------------------------------------------------------------------------
HARMONIC PATTERNS – “TYPE 2”
(TYPE 2 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-BUTTERFLY (127.2/161.8% OF X-A)
-CRAB/DEEP CRAB (161.8% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI SHARK (113% OF X-A)
-ALTERNATE BAT (113% OF X-A)
-ANTI CYPHER (127% OF X-A)
NOTE:
-POINT ”B” DOES NOT RUN TOO DEEP PAST 61.8%, PREFERABLY <50%
POINT “D” ABOVE X
113%,127%,161.8%
----------------------------------------------------------------------------
----------------------------------------------------------------------------
ADVANCED HARMONIC PATTERNS
HARMONIC PATTERNS – “TYPE 3”
(TYPE 3 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-CYPHER (78.6% OF X-A)
-SHARK (88.6% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI CRAB (61.8% OF X-A)
-ANTI BUTTERFLY (61.8/78.6% OF X-A)
NOTE:
-COMPLEX CORRECTION
-POINT ”B” < 61.8%, PREFERABLY < 38.2 - 50%
POINT “C” TERMINATES BELOW A
POINT “D” WITHIN X-A
61.8%,78.6%,88.6%
----------------------------------------------------------------------------
HARMONIC PATTERNS – “TYPE 4”
(TYPE 4 IS A NOTIONAL DESCRIPTION ONLY)
POSSIBLE PATTERNS
CLASSIC PATTERNS
-NEN STAR (127.2% OF X-A)
ANTI/ALTERNATE PATTERNS
-ANTI BAT (113% OF X-A)
-ALTERNATE SHARK (113% OF X-A)
-ANTI GARTLEY (127% OF X-A)
NOTE:
-POINT ”B” DOES NOT RUN TOO DEEP PAST 61.8%, PREFERABLY <50%
POINT “C” TERMINATES BELOW A
POINT “D” ABOVE X
113%,127%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.