Harmonic Patterns In PFOREX Assist

Harmonic Patterns in PFOREX AssistFinancial EducationSession Number84LevelstrategyInstructorPForex Department of EducationHarmonic Patterns in PFOREX AssistEighty fourth session - PFOREX Assist TutorialWelcome back to Forex professional training.In this session we will review;The available Harmonic patterns in PFOREX AssistThe specific structure of Harmonic patterns with some examplesHarmonic Patterns in PFOREX AssistThe different patterns of Harmonic that we will review are as follows;5-0AB CDAlt BatBatButterflyCrabCypherDeep CrabGartleySharkThree Drives1 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe detailed information of Harmonic patterns that are applied byPFOREX Assist are available in Text, PDF and Video formats for traders.It is strongly recommended that traders study them before usingHarmonic patterns for trading.The Harmonic Patterns are generated and developed by Scott Carney,who provides the enhanced Harmonic patterns for trading throughharmonictrader.com. The Harmonic patterns are enhanced to providemore reliable signals and market analysis.In case that there is a new Harmonic pattern, PFOREX will apply thenew one with developed performance for reliable market analysis andsignals.Although all the require information of Harmonic patterns are availablein the Education section, still we will check and review them. All the 11pattern types will deliver Potential Reversal Zone (PRZ) to detect thereversal area where the price would change the direction.Unlike the classic patterns, Harmonic patterns may seem hard to finddue to their complicated structure and various ratios between thewaves and swings. Even the most professional traders may forget the2 / 20

Harmonic Patterns in PFOREX AssistFinancial Educationratios, hence they would check the Harmonic specifications frequently.One of the most spectacular service, by PFOREX Assist, is the instantand highly reliable detection system on all trading strategies andpatterns including Harmonic patterns on all trading symbols and timeframes.Traders can simply customize the settings to receive the favoritesignals and analysis.The Harmonic Patterns specific structures and ratiosNow we are going to check the available Harmonic patterns with someuseful examples.5-0Based on the predefined ratios of this pattern, a PRZ shows a reversalarea in which GBPUSD price would increase with some confirmations.The detailed data of Harmonic patterns are available in Description andTable of Specifications.3 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationOn Gold price chart, a 5-0 pattern is formed that confirms the bearishfuture trend with reversal spot inside the PRZ. A reversal confirmationwill detect the last peak on which traders can order a bearish sellposition.AB CDThe formed AB CD pattern on GBPUSD shows future bullish trend. Areversal confirmation inside the PRZ will help traders to detect the Entryprice for the bullish order.4 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe next AB CD example detects the PRZ with the probable futurebearish trend. After other confirmations, traders can find suitable spotfor the Sell order with certain Take Profit and Stop Loss prices.5 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationAlt BatThe upward future trend is detected after this Harmonic pattern isformed in H1 timeframe. The Buy order can become active after pricereaches the Entry price inside PRZ of this Harmonic pattern.The next example shows possible Sell order by the Harmonic pattern onGBPCHF symbol. With the other confirmations, traders can order bearishpositions with certain Entry and Exit prices.6 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationBatThe formed Bat Harmonic pattern on EURUSD in M30 shows the PRZwhere it is speculated that price would rise after confirmations specifythe exact Entry Price.7 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe bearish future trend is detected after Bat Harmonic pattern hasidentified a PRZ which certain Exit prices.Butterfly8 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe ratios of developed Harmonic pattern show that the type isButterfly on Gold chart price in M5 timeframe. The Entry price is insidethe PRZ that is determined by this Harmonic pattern.On Oil price chart, a Butterfly Harmonic pattern is detected that showsprobable future bearish trend. The reversal spot inside the PRZ can bespecified by other confirmations.9 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationCrabThe EURAUD price has formed a Crab that detects a probable futureupward trend after price reaches the Entry price inside the PRZ. Otherconfirmations may help traders to find the exact reversal spot.10 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe Oil price in M5 time-frame at 11:30, 21st of July 2017 has formed aCrab Harmonic pattern in which traders can order Sell positions after areversal spot is detected by other confirmations.11 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationCypherThe next example shows a future bullish trend by the formed Cypherpattern, which has certain ratios between each wave. The Stop Lossprice is below the PRZ while there are two Take Profit prices.The GBPUSD price trend has formed a bearish format of Cypher pattern.Two Take Profit prices are determined by this pattern, however, moreconfirmations with higher success rate may show that price may reachthe 2nd Take Profit price after passing the 1st Take Profit.12 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationDeep CrabThe bearish trend of Gold chart formed a Deep Crab pattern to show anarea in which reversal spot may appear, called PRZ. It is speculated thatprice may increase after other bullish confirmations.13 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe next example shows a bearish analysis that is generated by a DeepCrab pattern. It is speculated that price may decrease after a powerfulreversal pattern identifies the reversal spot inside the PRZ.14 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationGartleyThe bullish example is developed inside on EURUSD in M5 time-framewith two Take Profit prices above the PRZ and Stop Loss price below it.On the GBPUSD symbol, a bearish analysis is generated in M30 toconfirm the Sell orders. The reversal spot can be detected by a powerfulreversal pattern.15 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationSharkBullish Shark pattern is formed to detect an upward trend after abearish price trend. The Entry price inside the PRZ as well as Take Profitand Stop Loss prices are specified inside the left top data table.16 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe other example shows a bearish analysis in which 4 waves of Sharkpattern is clearly demonstrated with certain PRZ, Entry and Exit prices.Three Drives17 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationThe last pattern we are gonna check is Three Drives type that has 5waves. The PRZ shows the area in which Entry price is identified. Thetwo Take Profit prices are somehow near each other and the Stop Lossis below the PRZ.Finally the Oil price chart shows a bearish analysis, generated bysuitable pattern, in which probable market trend is downward afterprice passes the Entry price inside the PRZ.18 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationNoticesIn this session, we checked some useful information and examples tocheck the provided Harmonic pattern by PFOREX Assist.Based on the quality rate of generated analysis as well as the otherconfirmation, traders can use the strategies to gain information aboutprobable future price movement.In the near future, PFOREX will represent the valid and outstandingstatistics and the outcomes of each strategy for higher performanceand will enhance the efficiency as well as quality.You can download PFOREX Assist app on App Store and Play Store toreceive these signals instantly, however I have to insist that all theservices provided PFOREX are as information, not as suggestion noradvice.That concludes this session, until next time and another session, takecare.19 / 20

Harmonic Patterns in PFOREX AssistFinancial EducationPFOREX DEPARTMENT OF EDUCATIONSkypeEmailPhone NumberWebSitePFOREXCOMinfo@pforex.com tterpinterestYouTubeLinkedinGoogle See Original Lesson here20 / 20Powered by TCPDF (www.tcpdf.org)

Harmonic patterns for trading. The Harmonic Patterns are generated and developed by Scott Carney, who provides the enhanced Harmonic patterns for trading through harmonictrader.com. The Harmonic patterns are enhanced to provide more reliable signals and market analysis. In case that there is a new