That’s one of the reasons I love Harmonic Patterns, they are fractal due to Fibonacci values. But I divert, back to the monthly PRZ scenario, a hold below the red PRZ level 1823.75 implies an ...

SPX is testing a monthly bearish harmonic pattern PRZ (Potential Reversal Zone). This zone is from 1823.42 to 1923.44 and currently price is holding inside the zone.

What are harmonic patterns? Harmonic patterns are chart patterns that form part of a trading strategy – and they can help traders to spot pricing trends by predicting future market movements. They ...

Crab Pattern The Crab harmonic pattern is a chart pattern used by traders to call potential market reversals. It is named after its shape, which resembles a crab’s claw. The Crab pattern usually ...

Harmonics, or harmonic trading patterns are unique candlestick patterns in technical analysis that help traders understand price action and forecast where price might move. Harmonics are chart ...

What is the Three Drives Pattern? The three drives pattern is a harmonic chart pattern characterized by symmetrical price movements and identical Fibonacci projections within a 5-wave structure.

Chart patterns are the foundational building blocks of technical analysis. Patterns don't form randomly but are a result of supply and demand dynamics and decisions traders take in certain situations.

PancakeSwap (CAKE) has seen a remarkable 9% rise in a single day, extending its impressive monthly gains to 42%. This increase is influenced by the broader mark ...

The chart above shows the Cypher Pattern on Ethereum’s 4-hour chart, but it also exists on the daily chart. Harmonic Patterns themselves are not sufficient to decide on taking a trade to the ...