Harmonic Chart Pattern

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ISBN: 978-4-34-258211-7

Copyright © 2022 HABFOX

What Are Harmonic Chart Patterns?

Harmonic chart patterns are formations that represent the comprehensive structure of price action. They may be constructed in various ways, using technical tools such as Fibonacci ratios, retracements, and extensions. A few of the most popular are the Gartley pattern, butterfly pattern, bat pattern, and crab pattern. Forex traders use harmonic chart formations in a variety of ways. The most common is within the context of retracement and continuation patterns. In this way, a harmonic pattern may be a viable buy or sell signal.