How to Trade using Harmonic Price Patterns

How to trade ABCD Harmonic Pattern

There are three basic steps in spotting Harmonic Price Patterns:

• Step 1: Locate a potential Harmonic Price Pattern
• Step 2: Measure the potential Harmonic Price Pattern
• Step 3: Buy or sell on the completion of the Harmonic Price Pattern

By following these three basic steps, you can find high probability setups that will help you grab good profits.
Let’s see this process in action!
Step 1: Locate a potential Harmonic Price Pattern
I have shown Hourly chart of Ambuja Cement and market the potential harmonic pattern in forming

 

At this point in time, we’re not exactly..

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