Harmonic patterns are advanced trading patterns, these patterns are not easy to spot and trade, but once you know how to analyze and deal with them effectively, it can be very profitable. Harmonic Patterns is a favorite weapon in many traders’ trading arsenal because they work.
Harmonic patterns provide traders with unique opportunities, such as potential price movements and essential turning or trend reversal points. The main goal of harmonic patterns is to show the trend’s direction, identify entry points, calculate levels of stop-loss orders, and define potential targets to take profits.
This e-book will explain the most basic and reliable harmonic patterns The Gartley and The Butterfly.
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