Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

Harmonic patterns illustrate how prices of currencies behave under different market conditions to help you identify trend reversals and initiate buy or sell orders. These patterns rely on Fibonacci ...

The ABCD trading pattern is one of the easiest harmonic patterns to recognise on a price chart, indicated by a four point movement. Learn how to trade when you ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Vikki Velasquez is a researcher and ...

Price-based chart patterns are my favorite trading tool. They show the balance between buyers and sellers that few other tools match. Chart patterns do not lag like moving averages and other such ...

The market is undeniably under the grip of bearish sentiment. Fear is at an all-time high as February closed with a significant loss of 6.2% for the Nifty50, marking its fifth consecutive month in the ...