Harmonic Level Two
The Harmonic School relies on recurring price patterns and Fibonacci ratios to identify entry and exit points for profit.
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The Harmonic School is an analytical methodology in financial markets that relies on the concept of recurring price patterns formed by the psychological interactions among investors.
This school is based on principles of mathematical geometry and golden ratios, such as Fibonacci,
to identify optimal entry and exit points. Harmonic patterns like "Gartley," "Bat," and "Five" serve as powerful tools for predicting future price movements,
helping traders set price targets and anticipate potential reversals for sustainable profits.
The Axes
Method for identifying harmonic patterns
Ratios used in harmonics
Adding Fibonacci ratios
Names of the patterns and their explanations
Setting targets and stops for each pattern
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