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Harmonic Patterns Suite

bars-pattern

Introduction​

Identifying potential trend reversals or continuations can be a crucial factor in making profitable trades. One powerful tool that traders use to identify these setups are harmonic chart patterns. These patterns, based on Fibonacci ratios, can be difficult to spot with the naked eye, which is why we offer a Tool specifically designed to detect harmonic chart patterns.

Our indicator includes the harmonic patterns Gartley, Bat, Butterfly, Crab, Cypher, Shark and 5-0. Each of these patterns has specific rules for identifying the potential reversal or continuation of a trend. Our indicator takes the time-consuming search for the patterns completely off your hands and provides you with all the important information, such as entry point, stop-loss or take-profit, so that you can open your trade directly after one of the harmonic chart patterns has been confirmed.

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Go to our Combinations section to see some examples of how to use the Harmonic Patterns Suite in conjunction with our other tools to find high probability trade setups.

note

As with any technical analysis tool, the harmonic chart patterns should be used in conjunction with other forms of analysis and risk management strategies. No pattern is infallible, and traders must always be prepared for unexpected market movements that can occur at any time.