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 ...

Crude oil has completed a harmonic pattern, called a Bullish Deep Crab and began stalling. This particular harmonic pattern is an extended move and it is common for a stall offering a balance time for ...

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 ...

Harmonics and Fibonaccis are fractals, thus they offer an interpretation of price action, and this first chart is clear to a harmonic pattern trader that smaller harmonics are helping larger harmonics ...

DAX has been beautiful to watch as it creates harmonic patterns that create reversal points. Example in point, last week prior to the US open on December 4, 2014, DAX was approaching an important ...

Nifty Prediction Today: Benchmark stock indices Sensex and Nifty are set to open higher today (Tuesday, July 15) after four-day of consecutive fall amid selling in IT shares and foreign fund outflows.