The Three Drive Pattern comes with the formation of three successive tops or bottoms. The retracement levels of the tops and bottoms must match the Fibonnaci ratios. Bullish Three – Drives to a Bottom Three successive drives to the bottom which follow Fibonacci levels define the Bullish configuration of this pattern. After the final completion …
Date and Arrival Time: 28th October 2020 : 9.20am Symbol Name: LT Pattern and Pattern Type: Alt-ABCD – Completed – SELL Pattern Completion Price: 994.35, Pattern Ideal Completion Price: 993.55 A Completed Alt-ABCD has arrived at 9.20. The coordinates are : This is a pattern with a time span starting from the 23rd October – …
Bullish Butterfly The Butterfly has a completion price of D where a potential price movement reversal can be expected. The Bullish Butterfly is defined by the following Fibonacci ratios: Move AB is 0.786 of the upwards impulse XA BC can be either (Case a.) a 0.382 or (Case b.) 0.886 retracement of AB In Case …
Bullish Alt-Bat The Alt-Bat harmonic pattern is a variation on the definition of a traditional Harmonic Bat. The Bullish Alt-Bat pattern is defined by the following strict series of Fibonacci ratios between each leg: Move AB is a 0.382 retracement of the first upwards impulse XA BC can be either (Case a.) a 0.382 or …
Bullish Deep Crab The Deep Crab is a variation on the Crab harmonic pattern. The variations between the two appear in the definition of a deeper AB retracement and deeper CD retracement of the Case a. setup. For a Bullish set up, the Fibonacci ratios define the pattern as: AB is a 0.886 retracement of …
Bullish Crab Like all of the patterns in the harmonic family, the Crab pattern is defined by Fibonacci retracement levels between 4 legs of price movement. The ratios of these moves for a Bullish Crab are defined as follows: AB is a (Case a.) 0.382 or (Case b.) 0.618 retracement of the first upwards impulse …
The Alt-ABCD is a variation on the traditional AB = CD, but does not look for the two legs of the pattern to be equal. Bullish Alt-ABCD There are two possible levels to the Bullish Alt- ABCD pattern: CD having a retracement of 1.27 below B, CD having a retracement of 1.618 below B. Bearish …
Bullish Shark The conditions to form a Bullish Shark pattern are given by the Fibonacci retracement levels between the four legs of the pattern: BC is a retracement in the range of 1.13 – 1.618 of the second leg AB CD will be a retracement between the range 1.618 – 2.24 below B CD retracement …
Bullish Cypher The Cypher pattern is another member of the Harmonic pattern family defined by the Fibonacci ratios between four legs of price movement. AB is a retracement in the range of 0.382 – 0.618 the first upwards impulse XA BC is an upwards retracement between 1.13 and 1.414 of AB CD will be a …
Bullish Bat At the completion price “D” of the Bullish Bat, a potential reversal for the price to rise is expected. The Bullish Bat is defined by the following Fibonacci ratios: Move AB is a (Case a.) 0.382 or (Case b.) 0.50 retracement of the first upwards impulse XA BC can be either (Case a.) …