Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Harmonic Patterns

The similarity between harmonic and basic chart patterns is that, for each of them, the shape and structure are key factors to recognizing and validating a specific pattern. The next price movement can thus be projected with the goal of turning these patterns into profits. However, a key difference is that harmonic patterns are defined more precisely. They are 5-point reversal structures, containing combinations of well defined consecutive Fibonacci retracements and Fibonacci extensions, leaving less room for flexible interpretation.

Harmonic patterns continuously repeat themselves, especially in consolidating markets. There are basically 2 types of patterns: 5-point retracement structures like the Gartley and the Bat and 5-point extension patterns like the Butterfly and the Crab. Trading harmonic patterns requires patience because, due to the specificity of the ratios, patterns that appear harmonic may not be if they don't align with the proper measurements.
suyashkumar09 suyashkumar09 M_MFIN, 60, Long ,
M_MFIN: MNM FIN BULLISH
39 0 2
M_MFIN, 60 Long
MNM FIN BULLISH

530 CAN BE SEEN

apborsadiya apborsadiya M_MFIN, 240, Long ,
M_MFIN: M_MFIN ready for another 30 point
100 0 4
M_MFIN, 240 Long
M_MFIN ready for another 30 point

Refer chart

nirav5 nirav5 BANKNIFTY, 240, Short ,
BANKNIFTY: Potential Bearish Gartley on Banknifty
391 2 7
BANKNIFTY, 240 Short
Potential Bearish Gartley on Banknifty

We have potential Bearish Gartley pattern in Banknifty. Create short positions on confirmation of the reversal. Potential reversal area 26850 to 26980. Stop loss slightly above 27000. Targets - 26500, 26300 perhaps more than that. I am posting Germany's DAX index chart for the reference where Bearish Bat pattern is executing perfectly.

Bravetotrade Bravetotrade TATASTEEL, 60, Long ,
TATASTEEL: TataSteel: Potential Bat
519 6 19
TATASTEEL, 60 Long
TataSteel: Potential Bat

Notes on the chart. I like the price inside the channel so the trade will be invalidated below the channel. However, look for an entry as per plan on the chart. Trade safe, stay healthy :) Regards

TradersHunt TradersHunt SUNTV, 1D, Long ,
SUNTV: SUNTV | ENTERTAINMENT FOR BULLS?
81 0 1
SUNTV, 1D Long
SUNTV | ENTERTAINMENT FOR BULLS?

Looks good long as shown in chart. entry, sl and target is mentioned for reference.

TradersHunt TradersHunt JUBLFOOD, 1D, Long ,
JUBLFOOD: Jublfood | Pizza Delivery is Delayed
171 4 2
JUBLFOOD, 1D Long
Jublfood | Pizza Delivery is Delayed

Bullish Shark Pattern is in the making. However, one should only take trade after completion of pattern and not predict beforehand. Risky Traders can initiate short position at levels of 2640-2650 with SL above 2680 for Targets 2300/2050/1900. Too big target but as said should not predict the pattern beforehand, only for risky traders. Upside Target is 2900 with ...

TradersHunt TradersHunt CANFINHOME, 1D, Long ,
CANFINHOME: CANFINHOME | Short term finance for Home Need
126 0 2
CANFINHOME, 1D Long
CANFINHOME | Short term finance for Home Need

Canfinhome recently made double bottom pattern and can reach W pattern Target of 440. However, it needs to break the middle neckline. Risk Reward ratio looks promising for going long.

AbhishekHSinghCMT AbhishekHSinghCMT BANKNIFTY, 75, Long ,
BANKNIFTY: Bank Nifty-BJP Calls Gartley Alliance- What a timing@14:30 Hrs!
1304 22 18
BANKNIFTY, 75 Long
Bank Nifty-BJP Calls Gartley Alliance- What a timing@14:30 Hrs!

Last Price@26400 - 20th June 2018 (Note - It is just a coincidence & piece of analysis) As suggested in the post of Tata Motors - Importance of Reverse Gear at 14:30 Hrs -19th June 2018 - BJP leaves PDP - What a timing to get Gartley alliance. Bank Nifty at 26225 -19th June 2018 https://www.tradingview.com/x/2iCa6bHp/ Tata Motors Last ...

TradersHunt TradersHunt CENTURYTEX, 1D, Long ,
CENTURYTEX: CENTURYTEX | YOU CAN HIT CENTURY
161 0 2
CENTURYTEX, 1D Long
CENTURYTEX | YOU CAN HIT CENTURY

CENTURYTEX is quite of forming W and double bottom. Long position can be created with levels as shown in chart.

99nines 99nines EURUSD, 15, Long ,
EURUSD: EU update
43 0 1
EURUSD, 15 Long
EU update

Looks like another pull back before reaching my 169 target.. GL for next week.

AbhishekHSinghCMT AbhishekHSinghCMT TATAMOTORS, 30, Long ,
TATAMOTORS: Tata Motors - Importance of Reverse Gear @307 - 300
805 0 15
TATAMOTORS, 30 Long
Tata Motors - Importance of Reverse Gear @307 - 300

Reverse gears are equally important as normal gears like 1-2-3-4 & 5. If you don't have space upside or room in front in that case we know how reverse gears become boon for drivers. Last Update Review - Bearish Shark@320-325 - Let us enjoy motor's ...

gulz gulz NIFTY, 60, Short ,
NIFTY: Nifty -- Potential Bearish Gartley  -- Bulls be careful !!!
844 18 18
NIFTY, 60 Short
Nifty -- Potential Bearish Gartley -- Bulls be careful !!!

Hi, A potential bearish Gartley pattern completed on nifty with RSI divergence. Price action may give us a nice opportunity for an extended target which will be the completion bigger BAT pattern in the picture. Target 1 - 10713 Target 2 -10601 Target 3 - 10421 Target 4 (extended, completion of bat pattern) - 10065 Trade with care, Gulz.

AbhishekHSinghCMT AbhishekHSinghCMT SBIN, 240, Short ,
SBIN: SBIN - Butterfly in Stomach- Feeling Nervous@278
1642 15 26
SBIN, 240 Short
SBIN - Butterfly in Stomach- Feeling Nervous@278

I knocked your door several times@259 - If you missed me - you missed me! - Let me become history because I was mystery 28th May 2018 Update - I knocked your door@259 - you miss me I shall come back ...

99nines 99nines AUDUSD, 240, Short ,
AUDUSD: AUD bear pattern
111 0 4
AUDUSD, 240 Short
AUD bear pattern

We got a big break of the multi-month flag... AUD looks to me to want to test that break before heading much lower.. good luck

AbhishekHSinghCMT AbhishekHSinghCMT NIFTY, 120, Short ,
NIFTY: Nifty - Did You Try Selling The Bat@10888 - Atleast Below 10850
731 5 13
NIFTY, 120 Short
Nifty - Did You Try Selling The Bat@10888 - Atleast Below 10850

This is not a call - just a feel for markets Nifty weakness was one of the reason why I was not willing to buy SBIN above 285 & waiting at sidelines & having patience is also a good strategy to plan your next move. Also, Become Detective & Search for clues as suggested in Tata Motors Update - If Nifty Index Slippery -cannot hold above 10850 - Plan 4 active as per ...

TradersHunt TradersHunt AUROPHARMA, 1D, Long ,
AUROPHARMA: AuroPharma | Ready to get some Air
111 0 1
AUROPHARMA, 1D Long
AuroPharma | Ready to get some Air

Auropharma is near monthly trendline and also near to end of ABCD pattern . One can go long on it in the range of 516-525 with SL below 500 for Targets as shown in chart.

TradersHunt TradersHunt TATAELXSI, 1D, Short ,
TATAELXSI: TATAELXSI | TATA to Bulls
102 0 1
TATAELXSI, 1D Short
TATAELXSI | TATA to Bulls

As IT Index losing steam, this can be perfect candidate for shorting at top. Entry can be taken around 1321-31 with SL above 1345 and Targets can be 1200-1250 for short term positional traders.

AbhishekHSinghCMT AbhishekHSinghCMT HINDPETRO, 60, Long ,
HINDPETRO: Hind Petro - Ashu ki Asha(Hope) - Oil Catches Fire@300-302
595 5 15
HINDPETRO, 60 Long
Hind Petro - Ashu ki Asha(Hope) - Oil Catches Fire@300-302

11:30 Hrs -18th June 2018 Last Price@323.50 This update is dedicated to hope- We Indians call this as "asha". If we can work on emotions like hope, fear & greed - we can turn into a better trader. Fortunately, last week I was reached by a colleague - Mr. Ashu & he asked what should be done in HPCL as it has been falling. I replied back in comment section of ...

Show More Ideas 123456...56
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse
Video