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

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

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

Snapshot
Anmerkung
Lisk Butterfly

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

Snapshot
Chart PatternsHarmonic Patterns

Auch am:

Haftungsausschluss