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Harmonic pattern

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The Fibonacci Butterfly pattern is one of the Fibonacci patterns with a basic 4-foot pattern (XABCD) such as the Fibonacci Gartley and Bat patterns with important differences, namely the longest leg on the last leg. In other words, the last leg (CD) is the Fibonacci extension of the initial leg.

Fibonacci Butterfly pattern formation provides trading opportunities with signals at extreme high or low price levels because of the longest last leg.

That way, traders can immediately open positions to anticipate reversals once their longest legs have formed a Fibonacci Butterfly pattern completely.

Like most Fibonacci patterns, the Fibonacci Butterfly pattern has a bullish and bearish version. Here is an example:
Harmonic pattern in Trading Systems_index

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#1 - February 10, 2019, 08:29:15 PM
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« Last Edit: February 10, 2019, 08:52:36 PM by Mikser »

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Thank you, your post is very helpful, but I have to learn it first
#2 - February 10, 2019, 09:50:24 PM

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Thank you, your post is very helpful, but I have to learn it first
At first glance, the pull of the baseline from the Fibonacci Butterfly pattern is similar to the wing of a butterfly silhouette.

It should be noted, in the Butterfly Fibonacci pattern bearish point A is at the lowest price (lowest low) and point D at the highest price (highest high).

Conversely on the bullish Butterfly point A at the highest price and point D at the lowest price.

Here is an example of a line draw on a bearish Butterfly Fibonacci pattern:
#3 - February 11, 2019, 01:40:22 AM
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Thank you, your post is very helpful, but I have to learn it first
The lines are drawn based on the retracement or extension of the Fibonacci line with the following rules:
#4 - February 11, 2019, 01:43:21 AM
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Thank you, your post is very helpful, but I have to learn it first
Foot XA is the first leg and is drawn from the highest price to the lowest price when the price is falling sharply.

AB leg is a retracement of 78.6% of foot XA and is drawn when the price rises again.

BC's feet are pulled when the price drops back with a retracement of 38.2% to 88.6% from the AB leg.

CD feet are the last leg and the most important foot. The foot of the CD is pulled when the price rises again sharply with an extension of 127% to 161.8% from foot XA. Ideally the CD foot is also an extension of 161.8% -261.8% of BC feet.
#5 - February 11, 2019, 01:44:17 AM

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The Fibonacci Butterfly pattern is one of the Fibonacci patterns with a basic 4-foot pattern (XABCD) such as the Fibonacci Gartley and Bat patterns with important differences, namely the longest leg on the last leg. In other words, the last leg (CD) is the Fibonacci extension of the initial leg.

Fibonacci Butterfly pattern formation provides trading opportunities with signals at extreme high or low price levels because of the longest last leg.

That way, traders can immediately open positions to anticipate reversals once their longest legs have formed a Fibonacci Butterfly pattern completely.

Like most Fibonacci patterns, the Fibonacci Butterfly pattern has a bullish and bearish version. Here is an example:
Harmonic pattern in Trading Systems_index
to make an image like that in running a harmonic pattern technique whether to use a line chart so that the results can match the image,
#6 - February 11, 2019, 04:29:48 AM

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to make an image like that in running a harmonic pattern technique whether to use a line chart so that the results can match the image,
To learn the Harmonic Pattern, we must first understand the concepts of Pivot Points and Fibonacci. For example the Bullish Gartley pattern below, is made by pulling two "feet" Fibonacci Retracement and 2 swings, to form a pattern with five Pivot points that resemble the large M letter. Both feet are based on prices whose position coincides with 0.79 (A) Fibo and 0.62 (C) Fibo.
#7 - February 11, 2019, 04:54:48 AM

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to make an image like that in running a harmonic pattern technique whether to use a line chart so that the results can match the image,
The center point of the pattern is at B, while D is the reference point where the trading position can be opened. In this scenario, the trading position opened is Long Position (Buy) with Stop Loss right at point D, the first target is around A-C, and the second target is some Fibo level from A-C.
#8 - February 11, 2019, 04:57:03 AM
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ini seperti pola yang biasa terbentuk di pasar, jarang sekali yang masih memakai pola pola ini begitu perdagangan dengan fibbonachi tetaplah menjadi andalan setiap pedagang
this technique if you have mastered the level of accuracy can be 90%. stay how traders themselves.
#9 - February 11, 2019, 06:40:03 AM

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The Fibonacci Butterfly pattern is one of the Fibonacci patterns with a basic 4-foot pattern (XABCD) such as the Fibonacci Gartley and Bat patterns with important differences, namely the longest leg on the last leg. In other words, the last leg (CD) is the Fibonacci extension of the initial leg.

Fibonacci Butterfly pattern formation provides trading opportunities with signals at extreme high or low price levels because of the longest last leg.

That way, traders can immediately open positions to anticipate reversals once their longest legs have formed a Fibonacci Butterfly pattern completely.

Like most Fibonacci patterns, the Fibonacci Butterfly pattern has a bullish and bearish version. Here is an example:
thank you sir, I understand how to pattern techniques in trading



#10 - February 11, 2019, 06:43:10 AM

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thank you sir, I understand how to pattern techniques in trading


okay together. hope you always benefit later. in navigating the forex market
#11 - February 11, 2019, 06:46:03 AM

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okay together. hope you always benefit later. in navigating the forex market
please guide me, hope I can understand the price of marketing like you.



#12 - February 11, 2019, 06:51:19 AM

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this technique if you have mastered the level of accuracy can be 90%. stay how traders themselves.
it could be like that, sir, because I rarely find traders with techniques like that
#13 - February 11, 2019, 08:20:10 AM

  • Harmonic pattern in Trading Systems_David_Boreanaz
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The Fibonacci Butterfly pattern is one of the Fibonacci patterns with a basic 4-foot pattern (XABCD) such as the Fibonacci Gartley and Bat patterns with important differences, namely the longest leg on the last leg. In other words, the last leg (CD) is the Fibonacci extension of the initial leg.

Fibonacci Butterfly pattern formation provides trading opportunities with signals at extreme high or low price levels because of the longest last leg.

That way, traders can immediately open positions to anticipate reversals once their longest legs have formed a Fibonacci Butterfly pattern completely.

Like most Fibonacci patterns, the Fibonacci Butterfly pattern has a bullish and bearish version. Here is an example:
Harmonic pattern in Trading Systems_index
good night sir, my permission will try to implement your system in analyzing the market, and hope you can help me later where I don't understand, thank you
#14 - February 11, 2019, 11:51:29 AM

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good night sir, my permission will try to implement your system in analyzing the market, and hope you can help me later where I don't understand, thank you
ok thank you too. maybe maybe later i will share my knowledge
#15 - February 11, 2019, 12:29:39 PM

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