slrocheleau

slrocheleau

Butterfly Rules AB retraces to 78.6% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.618% – 2.618% of BC CD can also be an extension of up to 1.272% – 1.618% of XA leg The point D is known as the PRZ or Potential Reversal Zone

slrocheleau

Shark: AB leg extends OX leg between 113% – 161.8% BC leg extends beyond O by 113% of the OX leg BC leg is also an extension of AB by 161.8% – 224% The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern. AB leg can retrace between 38.2% or 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD...

slrocheleau

Butterfly Rules AB can retrace up to 78.6% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.618% – 2.618% of BC CD can also be an extension of up to 1.272% – 1.618% of XA leg The point D is known as the PRZ or Potential Reversal Zone From Point D, a trade can be entered with stops at or above (below) the price point at D

slrocheleau

The key characteristics used to identify the Harmonic Crab pattern are as follows:: AB leg can retrace anywhere between 38.2% - 61.8% BC can retrace 38.2% – 88.6% of AB leg CD is an extension of up to 161.8% of XA leg and is also an extension of 224% – 316% of the BC leg After the crab pattern is established, traders can take their positions at or from point D...

slrocheleau

The Harmonic Pattern CRAB is yet another discovery by Scott Carney and is identified by its long stretching swing points. In the crab pattern the PRZ level at swing/pivot point D is overstretched and shoots beyond the initial swing/pivot point of X. The key characteristics used to identify the Harmonic Crab pattern are as follows:: AB leg can retrace anywhere...

slrocheleau

CD can be an extension of AB anywhere from 1.272% up to 161.8% and even greater CD leg usually slopes at an angle that is wider than the AB leg When there is a gap formed after point C, it indicates that the CD leg will be much larger than the AB leg Appearance of wide range bars near point C is also an indication that CD will be an extended leg In most cases, AB...

slrocheleau Updated 

Found by @Hamedmsc64 The main rules of the Bullish and Bearish Gartley are as follows: AB must retrace 61.8% of the XA leg BC can retrace between 38.2% - 88.6% of AB CD can be an extension of 1.272% 0r 1.618% of BC CD can also be a retracement of 78.6% of XA leg The point D is known as thePotential Reversal Zone From Point D, a trade can be entered with...

slrocheleau

AB leg can retrace between 38.2% or 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can retraces 88.6% of BC leg

slrocheleau

Price and Time: Under this type of ABCD pattern the amount of distance and the time it takes for price to travel from A to B is equal to the time and distance from C to D Classic ABCD: In this pattern, the BC is a retracement of 61.8% – 78.6% of AB, with CD being the extension leg of 127.2% to 161.8% (equal in price distance) ABCD extension: CD leg is an extension...

slrocheleau

Price and Time: Under this type of ABCD pattern the amount of distance and the time it takes for price to travel from A to B is equal to the time and distance from C to D Classic ABCD: In this pattern, the BC is a retracement of 61.8% – 78.6% of AB, with CD being the extension leg of 127.2% to 161.8% (equal in price distance) ABCD extension: CD leg is an extension...

slrocheleau

Waiting for a possible wedge break and a possible retest of the PRZ before continuing to the upside. The Shark pattern has the following ratios. AB leg extends OX leg between 113% – 161.8% BC leg extends beyond O by 113% of the OX leg BC leg is also an extension of AX by 161.8% – 224% Unlike other harmonic patterns, the trades are entered as follows: Entry is...

slrocheleau

AB must retrace 61.8% of the XA leg BC can retrace between 38.2% – 88.6% of AB CD can be an extension of 1.272% – 1.618% of AB CD can also be a retracement of up to 78.6% of XA leg The point D is known as the PRZ or Potential Reversal Zone

slrocheleau

The Harmonic Bat is a variation to the Gartley pattern which was developed by Scott Carney. It is considered to be one of the more accurate patterns exhibiting a higher success rate than any other harmonic patterns. The bat pattern might look similar to a Gartley 222 Butterfly pattern but differs only minutely in terms of the Fibonacci ratios between the...

slrocheleau

The key characteristics used to identify the Harmonic Crab pattern are as follows:: AB leg can retrace anywhere between 38.2% up to 61.8% BC can retrace 38.2% – 88.6% of AB leg CD is an extension of up to 161.8% of XA leg and is also an extension of 224% – 316% of the AB leg After the crab pattern is established, traders can take their positions at or from point...

slrocheleau

The Shark pattern has the following ratios. AB leg extends OX leg between 113% – 161.8% BC leg extends beyond O by 113% of the OX leg BC leg is also an extension of AX by 161.8% – 224% Unlike other harmonic patterns, the trades are entered as follows: Entry is at 88.6% of OX leg with stops coming in at point C Targets can be 61.8% of BC

slrocheleau

the critical aspect of this pattern that each drive complete precisely at consecutive harmonic ratios - either a 1.13, 1.27 or a 1.618. Also, the price legs should possess clear symmetry with each drive forming over equivalent time periods. the bullish three drives pattern offers a potential reversal point for a bearish market after forming three consecutive...

slrocheleau Updated 

The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern. AB leg can retrace between 38.2% – 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can retrace 113% of XA leg CD leg can also be an extension of between 1.618% – 2.618% of AB leg

slrocheleau Updated 

The AB=CD pattern is easy to identify on charts and consists of 2 equivalent price legs. It has specific Fibonacci measurements of each point within its structure, eliminating room for flexible interpretation. The C point must retrace to either a 0.618 or 0.786 and the BC projection is either 1.27 or 1.618. When the BC projection and the AB=CD completion converge...