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 ...

Harmonic patterns can be used to spot new trading opportunities and pricing trends – but only if you know exactly what you are looking for. Read on to learn about the top harmonic patterns, and how to ...

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 ...

One of the most unique but most powerful harmonic patterns appeared on Ethereum’s chart during the early New York session. Harmonic patterns can provide powerful reversal zones when used in ...

In the financial markets, prices oscillate up and down, resulting in unique price patterns. It is these patterns that traders rely on to understand the prevailing market condition and, at the same ...

The chart patterns identified are based on established principles of technical analysis and are presented solely for informational purposes. These should not be misconstrued as a recommendation to buy ...

If I had no knowledge of harmonic patterns and saw this E-mini S&P 500 Dec 13 (ESZ13:CME) chart, I would raise an eyebrow and have to wonder how this is beneficial to me; in fact, I would most likely ...