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

19 Nis 2018

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.

6 May 2018

Not

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

11 May 2018

Not

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

11 May 2018

Not

Lisk Butterfly

12 May 2018

Not

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