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  • Harmonic: Pattern Type Bofxa Cofba Dofab Dofxa

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    Mazen SEGNI
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    Harmonic: Pattern Type Bofxa Cofba Dofab Dofxa

    Uploaded by

    Mazen SEGNI

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    HARMONIC

    Thus, to identify a specific harmonic pattern, it is necessary to determine the direction of peaks A and C. At the same time the
    pattern points should meet the following criteria: 

    Pattern type B of XA C of BA D of AB D of XA

    Gartley 0.618 0.382-0.886 1.272-1.618 0.786

    Bat 0.382-0.5 0.382-0.886 1.618-2.618 0.886

    Alternative Bat 0.382 0.382-0.886 2.0-3.618 1.13

    Butterfly 0.786 0.382-0.886 1.618-2.24 1.272

    Crab 0.382-0.618 0.382-0.886 2.24-3.618 1.618

    Deep crab 0.886 0.382-0.886 2.0-3.618 1.618

    Shark 0.382-0.618 1.13-1.618 1.618-2.24 0.886-1.13

    The table specifies Fibonacci levels of respective directional movements.

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