I've been analyzing the EUR/HUF currency pair, and I've identified a potential trading opportunity based on a Bat Harmonic Pattern formed in the 4-hour candlestick chart. After careful observation, my confirmation for this setup is the third 4-hour candle following the completion of the Bat pattern.
For this trade, my entry point will be within the range of...
As I analyzed the GBPAUD Forex market, I noticed a significant ABCD harmonic pattern forming on both the 1-hour and 4-hour candle charts. This pattern often indicates potential reversal points, and after careful consideration of other factors, I decided to take a sell position.
My entry point was at 1.92475. The decision to enter at this level was based on the...
Harmonic price patterns are those that take geometric price patterns to the next level by utilizing Fibonacci numbers to define precise turning points. Unlike other more common trading methods, harmonic trading attempts to predict future movements.
As you can see, the Harmonic pattern clearly indicates a Bull Run, the condition is also satisfactory when seen at...
