This document provides guidelines for identifying common harmonic patterns in financial markets based on retracement levels between points A, B, and C. It lists the most common retracement levels of .382, .500, .618, .786, and .886 and their corresponding pattern names like Bat, Shark, Gartley, and Crab depending on whether point C breaks above or below point A. It also provides projected extension levels for patterns like Butterfly and Megaphone.
This document provides guidelines for identifying common harmonic patterns in financial markets based on retracement levels between points A, B, and C. It lists the most common retracement levels of .382, .500, .618, .786, and .886 and their corresponding pattern names like Bat, Shark, Gartley, and Crab depending on whether point C breaks above or below point A. It also provides projected extension levels for patterns like Butterfly and Megaphone.
This document provides guidelines for identifying common harmonic patterns in financial markets based on retracement levels between points A, B, and C. It lists the most common retracement levels of .382, .500, .618, .786, and .886 and their corresponding pattern names like Bat, Shark, Gartley, and Crab depending on whether point C breaks above or below point A. It also provides projected extension levels for patterns like Butterfly and Megaphone.