Saturday, January 9

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 Shriram Transport Finance Company Limited and marked the potential harmonic pattern in forming
Basic_ABCD

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