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Articles - Harmonic Patterns


Harmonic Patterns - predict potential future movements

|  1695 views  |  Category: Harmonic Patterns  |

Harmonic patterns are chart patterns that can help traders to spot trends by predicting future market movements. they create geometric price patterns by using Fibonacci numbers to identify potential price changes or trend reversals. traders can identify these patterns and use them to inform their next trading decision. unlike other more common trading methods, harmonic trading attempts to predict future movements.

There are multiple chart patterns to choose from, each of which can be used to spot a different kind of trend. however, the Gartley, butterfly, bat, and crab are the better-known patterns that traders watch for.

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