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Gartley Pattern Rules And Trade Examples in Forex

by Stelian

The Gartley pattern is also called the ABCD pattern and is one of the most popular harmonic pattern. We have a five-points set up with the Gartley pattern labeled XABCD which follow specific Fibonacci ratios. The key ratio involved in the Gartley pattern are 38.2%, 61.8%, 78.6% and...

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3 Best Price Action Patterns IMHO

by Stelian

Today I’m going to share with you the 3 most effective price action patterns IMHO, and how to properly trade them: Pin Bar – PB. Double Bar Low Higher Close – DBLHC… and Double Bar High Lower Close – DBHLC. Bearish Outside Vertical Bar – BEOV… and Bullish Outside Vertical Bar – BUOVB. Pin Bar...

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Bat Pattern Rules And Trade Examples in Forex

by Stelian

The Bat pattern is a popular harmonic pattern. It looks similar to the Gartley pattern. But uses different Fibonacci ratios. The most distinctive feature of this pattern is that point B doesn’t reach 50% Fibonacci retracement of the XA leg. And secondly, this particular...

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Crab Pattern Rules And Trade Examples in Forex

by Stelian

The crab pattern looks very similar to the Butterfly pattern. Except that it has an incredibly long CD leg. This pattern is often followed by sharp and volatile price action. So it’s very important to anticipate higher volatility when executing your trades at the pattern...

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