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The Bat Pattern , is a precise harmonic pattern discovered by Scott Carney in 2001 The pattern incorporates the 0.886XA retracement, as the defining element in the Potential Reversal Zone (PRZ). The B point retracement must be less than a 0.618, preferably a 0.50 or 0.382 of the XA leg. The Bat utilizes a minimum 1.618BC projection. In addition, the AB=CD...

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The Shark Pattern was initially released in 2011 by Scott Carney in his Patterns into Profits course. The pattern is the primary structure that precedes a 5-0 formation. This structure is outside the typical M and W framework. It possesses a unique formation called an Extreme Harmonic Impulse Wave that retests defined support/resistance while converging in the...

Cryptsyxalt Updated 

The Shark Pattern was initially released in 2011 by Scott Carney in his Patterns into Profits course. The pattern is the primary structure that precedes a 5-0 formation. This structure is outside the typical M and W framework. It possesses a unique formation called an Extreme Harmonic Impulse Wave that retests defined support/resistance while converging in the...

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The Alternate Bat pattern is a precise harmonic pattern discovered by Scott Carney in 2003. The pattern incorporates the 113% XA retracement, as the defining element in the Potential Reversal Zone (PRZ). The B point retracement must be a 38.2% retracement or less of the XA leg. The Alternate Bat utilizes a minimum 200% BC projection. In addition, the AB=CD...

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The Butterfly pattern , is a harmonic pattern discovered by Bryce Gilmore using his Wave trader software program. The pattern structure was further refined using specific Fibonacci levels by Scott Carney which he outlined in his book 'The Harmonic Trader', published in 1998. The Butterfly pattern must include an AB=CD pattern to be a valid signal. In general,...

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There are many interpretations of the Head & Shoulders Pattern. After much research and back testing I have created a simple process using bespoke levels to objectively identify and trade the pattern. Through extensive research into Harmonic patterns (in particular the Butterfly ) I have discovered how to accurately predict where the H&S pattern will occur. The...

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There are many interpretations of the Head & Shoulders Pattern. After much research and back testing I have created a simple process using bespoke levels to objectively identify and trade the pattern. Through extensive research into Harmonic patterns (in particular the Butterfly) I have discovered how to accurately predict where the H&S pattern will occur. The...

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ENTRY = 1.18213 STOP = 1.18494 TARGET = 1.17646 The Shark Pattern was initially released in 2011 by Scott Carney in his Patterns into Profits course. The pattern is the primary structure that precedes a 5-0 formation. This structure is outside the typical M and W framework. It possesses a unique formation called an Extreme Harmonic Impulse Wave that retests...

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The Crab is a precise Harmonic pattern that was discovered by Scott Carney in 2000. The Crab is a distinct 5-point extension structure that utilizes a 161.8% projection of the XA leg exclusively. This is the most critical aspect of the pattern and the defining level in the Potential Reversal Zone (PRZ). The extreme (261.8%, 314%, 361.8%) projection of the BC leg...

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The Gartley Pattern , is a harmonic pattern discovered by H M Gartley and outlined in his book 'Profits in the Stock market', published in 1935. The pattern was further defined using specific Fibonacci levels by Scott Carney which he outlined in his book 'The Harmonic Trader', published in 1998. The pattern incorporates the 78.6% retracement of XA, as the...

Cryptsyxalt Updated 

The Crab is a precise Harmonic pattern that was discovered by Scott Carney in 2000. The Crab is a distinct 5-point extension structure that utilizes a 161.8% projection of the XA leg exclusively. This is the most critical aspect of the pattern and the defining level in the Potential Reversal Zone (PRZ). The extreme (261.8%, 314%, 361.8%) projection of the BC...

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The Butterfly Pattern on the 1H time frame adds confluence to the deeper retest of the entry on the 4H Gartley. Entry: - 1.17854 Stop: - 1.17541 TP1: - 1.18293 TP2: - 1.18565 To view a basic Tutorial on how to identify this pattern click the chart below ...

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Price has already made a reaction to the initial test of the entry. I would expect a deeper retest of the entry before the main upward move commences. Entry: - 1.17882 Stop: - 1.17529 TP1: - 1.18377 TP2: - 1.18682 To view a basic tutorial on how to identify this pattern click the chart below ...

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At Target One of the Daily Triangle 50% of the position is closed. It would then be logical to assume Price would drop by 50% of the move from Entry. Price did not drop by 50% and instead began to form a new Triangle pattern. Dropping to a lower time frame (4H) we can see the process begin to repeat itself. Targets One and Two for the 4H Triangle are shown below.

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Triangles occur during periods of consolidation. They represent indecision in the market as to whether the overall trend will reverse or continue. The direction is confirmed by a candle close above or below the boundaries of the triangle.

Cryptsyxalt Updated 

The Butterfly pattern, is a harmonic pattern discovered by Bryce Gilmore using his Wave trader software program. The pattern structure was further refined using specific Fibonacci levels by Scott Carney which he outlined in his book 'The Harmonic Trader', published in 1998. The Butterfly pattern must include an AB=CD pattern to be a valid signal. In general, the...

Cryptsyxalt

The Gartley Pattern , is a harmonic pattern discovered by H M Gartley and outlined in his book 'Profits in the Stock market', published in 1935. The pattern was further defined using specific Fibonacci levels by Scott Carney which he outlined in his book 'The Harmonic Trader', published in 1998. The pattern incorporates the 78.6% retracement of XA, as the...

Cryptsyxalt

The Bat Pattern, is a precise harmonic pattern discovered by Scott Carney in 2001 The pattern incorporates the 0.886XA retracement, as the defining element in the Potential Reversal Zone (PRZ). The B point retracement must be less than a 0.618, preferably a 0.50 or 0.382 of the XA leg. The Bat utilizes a minimum 1.618BC projection. In addition, the AB=CD...