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 ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Traders use chart patterns to determine likely market reversal points, whether bullish or bearish. Some take it further, using harmonic patterns based on Fibonacci ratios. Harmonic patterns can be ...