Harmonics Retracement and Extension Patterns Cheat Sheet

Harmonic Patterns
Cheat Sheet
T HE A B=CD
T HE R E T RACEMENT PAT TER N QUA RT ET
T HE E X TENSION PAT T ERN S U I T E
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Harmonic Chord AB=CD
Convergence Zone Summary for AB=CD Patterns

AB=CD Point BC
Pattern C EXT
AB=CD Convergence Zone
1. AB = CD (where AB length equals CD length) 2nd Level .886 1.128
2. BC Extension (Alignment of Fibonacci Ratios where BC
Ideal .786 1.272
extension or projection is based on reciprocal of Point C
retracement ratio) 2nd Level .707 1.414
3. XA Fibonacci Retracement
Ideal .618 1.618
2nd Level .500 2.0/

2.236
A B D 2nd Level .382 2.618
C
pi 3.14
B A C
D

Retracement Patterns – GARTLEY
Gartley Convergence
Convergence Zone Summary for Gartley Patterns Pattern Zone
AB = CD
Gartley Convergence Zone
1. AB = CD (where AB length equals CD length) Converges .786
2. BC Extension (must not exceed 1.618) on retracement of
Point D XA leg
3. 78.6% XA Fibonacci Retracement
Converges 1.128/1.618
* As a starting point, Point B retraces 61.8% of XA Leg on projection of
Point D BC leg
Point B .618
A retracement
X
C D SELL of XA leg
B
HERE Point C .382/.886
retracement of
B AB leg
D BUY C
X HERE A

Retracement Patterns – GARTLEY
Ideal Convergence
Convergence Zone Summary for Ideal Gartley Patterns Gartley Zone
Pattern
Ideal Gartley Convergence Zone AB = CD
1. AB = CD (where AB length equals CD length)
2. BC Extension 161.8% Converges .786
on retracement
Point D of XA leg
* As a starting point, Point B retraces 61.8% of XA Leg Converges 1.618

on projection of
Point D BC leg
A Point B .618
X
C D SELL retracement
B of XA leg
HERE
Point C .618
B retracement
D BUY C of AB leg
X HERE A

Retracement Patterns – BAT
BAT Convergence
Convergence Zone Summary for BAT Patterns Pattern Zone
1.272 AB = CD
BAT Convergence Zone AB = CD
1. 1.272AB = CD; AB=CD Converges .886
2. BC Extension must exceed 1.618 on retracement of
3. 88.6% XA Fibonacci Retracement Point D XA leg
* As a starting point, Point B retraces 38.2% or 50% of XA Leg on projection of
Point D BC leg
A C X Point B .382/.50
D
retracement of
XA leg
B
Point C .382/.886
B 1.272 AB = CD retracement of
AB = CD AB leg
D C
A
X
Retracement Patterns – BAT
Ideal BAT Convergence
Convergence Zone Summary for Ideal BAT Patterns Pattern Zone
1.272 AB = CD
Ideal BAT Convergence Zone
1. 1.272AB = CD Converges .886
2. BC Extension 200% on retracement of
Point D XA leg
Converges 2.0 projection of
* As a starting point, Point B retraces 50% of XA Leg on BC leg
Point D
Point B .50 retracement
A C X
D of XA leg
Point C .50/.618
B retracement of
B AB leg
1.272 AB = CD
D C
A
X
Retracement Patterns – Reciprocal AB=CD
Summary for Reciprocal AB=CD

Reciprocal AB=CD Pattern
Reciprocal AB=CD Convergence Zone
1. AB=CD AB = CD Point C BC
2. BC Extension between .382 and .886 Pattern EXT
Alternate 1.128/ .382/
3. *Draw parallel lines to form price channel 3.618 .886
C
A
D
B
Retracement Patterns – 5-0 Pattern
Convergence Zone Summary for 5-0 Patterns

5-0 Convergence
5-0 Convergence Zone
Pattern Zone
1. Reciprocal AB=CD
2. BC Retracement 50% Reciprocal
AB = CD
* As a starting point, Point B extends 1.128-1.618 of XA Leg and Point B 1.128/1.618
Point C extends 1.618-2.24 of AB Leg extension
B of XA leg
C Point C 1.618/2.24
X extension
A D
of AB leg
A Point D .50 retracement
D of BC leg
X C
0
B

Extension Patterns – BUTTERFLY
Butterfly Convergence
Convergence Zone Summary for Butterfly Patterns Pattern Zone
AB < = CD
Butterfly Convergence Zone
1. AB = CD or most common Alternate 1.272AB=CD Converges 1.272
2. BC Projection or Extension between 1.618 and 2.236 on projection of
Point D XA leg
3. 1.272 XA Fibonacci Extension for Point D
* As a starting point, Point B retraces 78.6% of XA Leg on projection of
Point D BC leg
D SELL Point B .786
A HERE
X retracement
C
of XA leg
B
Point C .382/.886
B retracement
X D BUY of AB leg
C
HERE A

Extension Patterns – BUTTERFLY
Ideal Convergence
Convergence Zone Summary for Ideal Butterfly Patterns Butterfly Zone
Pattern
Ideal Butterfly Convergence Zone 1.272 AB = CD
1. 1.272AB=CD
2. BC Projection or Extension 1.618 Converges 1.272
on projection of
Point D XA leg
* As a starting point, Point B retraces 78.6% of XA Leg Converges 1.618

on projection of
D SELL Point D BC leg
A HERE
X Point B .786
C
retracement
B of XA leg
B Point C .50/.886
X D BUY retracement
C of AB leg
HERE A

Extension Patterns – CRAB
CRAB Convergence
Convergence Zone Summary for CRAB Patterns Pattern Zone
1.272 or 1.618
CRAB Convergence Zone AB = CD
1. Alternate 1.272 AB = CD or 1.618 AB = CD Converges 1.618 projection
2. 2.618/ 3.14/ 3.618 BC Projection or Extension on of XA leg
3. 1.618 XA Fibonacci Extension for Point D Point D
Converges 2.618/3.14/3.618
* As a starting point, Point B retraces 38.2 – 61.8% of XA Leg on projection of
Point D BC leg
A D SELL
C HERE Point B .382/.618
retracement of
XA leg
B X Point C .382/.886
X retracement of
C AB leg
D BUY
HERE
Deep Convergence
Convergence Zone Summary for Deep CRAB Patterns CRAB Zone
Pattern
Deep CRAB Convergence Zone AB = CD or
1. AB = CD or Alternate 1.272 AB = CD 1.272 AB = CD
2. 2.236/ 3.618 BC Projection or Extension Converges 1.618 projection
3. 1.618 XA Fibonacci Extension for Point D on of XA leg
Point D
* As a starting point, Point B retraces 88.6% of XA Leg Converges 2.236/3.618
on projection of
A D SELL
C Point D BC leg
HERE
Point B .886
retracement of
B X XA leg
X Point C .382/.886
C retracement of
D BUY AB leg
HERE
Ideal Convergence
Convergence Zone Summary for Ideal CRAB Patterns CRAB Zone
Pattern
Ideal CRAB Convergence Zone 1.618 AB = CD
1. Alternate 1.618 AB = CD
2. 3.14 BC Projection or Extension Converges 1.618 projection
on of XA leg
Point D
* As a starting point, Point B retraces 61.8% of XA Leg Converges 3.14 projection

on of
A D SELL Point D BC leg
C HERE Point B .618 retracement
of XA leg
B X Point C .50/.618
retracement of
X AB leg
D BUY C
HERE
CRAB Pattern Comparison CRAB Pattern CRAB Deep CRAB Ideal CRAB
Convergence Convergence Convergence
 AB=CD or 1.272/1.618AB=CD Zone Zone Zone
 BC Leg Projection different AB=CD or 1.272 or 1.618 AB AB = CD or 1.618 AB = CD
 Point B Retracement different Alternate = CD 1.272 AB = CD
 Point C Retracement different Converges on 1.618 projection 1.618 1.618
 Point D is a 1.618 Projection of Point D of XA leg projection of projection of
the XA Leg for all 3 patterns XA leg XA leg
A Converges on 2.618/3.14/3.618 2.236/3.618 3.14 projection
C Point D projection of projection of of
BC leg BC leg BC leg
Point B .382/.618 .886 .618
B
retracement of retracement of retracement of
X XA leg XA leg XA leg
D Point C .382/.886 .382/.886 .50/.618
retracement of AB retracement of retracement of
leg AB leg AB leg
Extension Patterns – Alternate BAT
Alternate Convergence
Convergence Zone Summary for Alternate BAT Patterns BAT Zone
Pattern
Alternate BAT Convergence Zone (M or W Pattern) Alternate
1. Extreme BC Extensions between 2.0 and 3.618 AB = CD
2. 1.13 XA Fibonacci Extension Converges 1.128 projection
on of XA leg
• As a starting point, Point B retraces 38.2% of XA Leg Point D
• In Module 5 we will explore the Alternate BAT Structure with Converges 2.0/3.618
the PW/FG trade of the Wavy Tunnel on projection of
A D Point D BC leg
C X
Point B .382
retracement of
B XA leg
B
Point C .382/.886
C retracement of
X D Alternate AB = CD A AB leg
CD > AB
Harmonic Patterns – THREE DRIVES
Summary Bearish Three Drives

 The Bearish Three Drives Pattern is easy to recognize
 After three thrusts, a reversal follows
 Look for double or triple CAO divergence Stop Loss above 3
3
2
SELL at 3
1
3
Stop Loss below 3 BUY at 3

Harmonic Patterns – Cypher
Summary for Cypher Patterns
1. XA must be an impulsive move Cypher Fibonacci

2. Point B retracement of XA Leg between .382 and .618 Pattern Relationships
3. Point C extension of XA Leg between 1.272 and 1.414 none AB < = CD
4. Point D retracement of .786 of XC swing
Point B .382/.618
X retracement
C of XA leg
D
A Point C 1.272/1.414
P2: .618 B P1: .382 projection of
P2: .618 XA leg
P1: .382
B Point D .786
A retracement
D C of XC swing
X *Jason Stapleton pattern

Harmonic Patterns – Shark
Summary for Shark Patterns
1. XA must be an impulsive move Shark Fibonacci

2. Point C extension of AB Leg between 1.13/1.618 Pattern Relationships
3. 1.618/ 2.24 BC Projection or Extension
4. Point D retracement/projection of XC swing between .886/1.13
D Point C 1.13/1.618
C X projection of
AB leg
A Converges 1.618/2.24
B
on projection of
Point D BC leg
B
Converges .886/1.13
A on projection of
C Point D XC swing
X D
*Scott Carney pattern – modified to keep the XABCD structure
Harmonic Patterns – Android
Android Convergence
Summary for Android Patterns Pattern Zone
1. AB=CD (XA and BC are equal)

2. Reciprocal XA=BC (.618/1.618;.707/1.414;.786/1.272;.886/1.13) Converges 1.272/1.618
3. Point C extension of XA Leg 1.13/1.618 on projection of XC
4. 1.618/2.0 BC Projection or Extension Point D swing
5. Point D extension 1.272/1.618 of XC swing Converges 1.618/2.0
C D on projection of BC
Point D leg
A X Point B .618/.886
B retracement of
XA leg
B Point C 1.13/1.618
projection of XA
A leg
X D C
*Andre M. Porco pattern

Harmonics Retracement and Extension Patterns Cheat Sheet

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Harmonic Patterns

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Convergence Zone Summary for AB=CD Patterns

2nd Level .500 2.0/

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* As a starting point, Point B retraces 61.8% of XA Leg Converges 1.618

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Summary for Reciprocal AB=CD

Convergence Zone Summary for 5-0 Patterns

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* As a starting point, Point B retraces 78.6% of XA Leg Converges 1.618

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* As a starting point, Point B retraces 61.8% of XA Leg Converges 3.14 projection

Summary Bearish Three Drives

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Summary for Cypher Patterns

1. XA must be an impulsive move Cypher Fibonacci

X *Jason Stapleton pattern

Summary for Shark Patterns

1. XA must be an impulsive move Shark Fibonacci

1. AB=CD (XA and BC are equal)

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