-
3 years ago
-
0
Crab Pattern
Introduction In harmonic trading, the Crab is a reversal pattern that constitutes four legs, namely, X–A, A–B, B–C and C–D. Like the Butterfly pattern, it makes possible entry into the market at extreme highs or lows. It can help you identify when a price trend is approaching its end. This enables you to enter the …
-
3 years ago
-
0
Butterfly Pattern
Introduction The Butterfly Pattern is a unique 5-point extension pattern. Bryce Gilmore discovered it and Scott Carney further defined it. The structure has specific Fibonacci measurements for each point. It is important because it conventionally provides more favorable risk/reward ratios. The pattern can be found at significant tops and bottoms. Additionally, the failure of the pattern may …
Browse Categories
Featured Posts
Cypher Pattern
Crab Pattern
Butterfly Pattern
Bat Pattern
ABCD Pattern
The Rectangle Pattern
Triangle Patterns
Flag Pattern
Double and Triple Pattern
The Cup with Handle Pattern
The Head-and-Shoulders Pattern