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Want to know where and how to find and draw support and resistance levels for any asset? It is explained here along with how to know where your first two price targets should be located. Learn how ...
The key to harmonic patterns are Fibonacci retracements and extensions. Fibonacci retracements are used to measure the depth of price changes from peak to valley and identify pullback entries.
The Gartley pattern, a type of harmonic pattern, uses Fibonacci levels to structure its four-leg price formation: X-A, A-B, B-C, and C-D. The D-point is at the 78.6% retracement level l acting as ...