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Harmonic Basic Course

The Harmonic School relies on recurring price patterns and Fibonacci ratios to identify entry and exit points for profit.

00:54:01 4 lessons Intermediate Updated Jan 2021
Research & Analysis Department
Created by Research & Analysis Department
Research & Analysis Department
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Harmonic Basic Course

Updated Jan 2021 4 lessons 15,139 views Intermediate
Research & Analysis Department
Research & Analysis Department
Research & Analysis Department

The Harmonic School is an analytical methodology in financial markets that relies on the concept of recurring price patterns formed by the psychological interactions among investors. This school is based on principles of mathematical geometry and golden ratios, such as Fibonacci, to identify optimal entry and exit points. Harmonic patterns like "Gartley," "Bat," and "Five" serve as powerful tools for predicting future price movements, helping traders set price targets and anticipate potential reversals for sustainable profits.The Axes:Method for identifying harmonic patternsRatios used in harmonicsAdding Fibonacci ratiosNames of the patterns and their explanationsSetting targets and stops for each pattern

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