H.M. Gartley wrote about a 5-point pattern (known as Gartley) in his book, Profits in the Stock Market. Larry Pesavento has improved .... Harmonic patterns (5-point) have a critical origin (X) followed by an impulse wave (XA) followed by a corrective wave to form the “EYE” at (B) completing AB leg. read more
These are called ‘reversal’ patterns and few examples of reversal patterns are: Head and Shoulders, Double Bottoms and Broadening Patterns. Harmonic Patterns. Harmonic Patterns foundation and trading concepts were laid by H.M. Gartley in 1932. H.M. Gartley wrote about a 5-point pattern (known as Gartley) in his book, Profits in the Stock Market. read more
Harmonic trading combines patterns and math into a trading method that is precise and based on the premise that patterns repeat themselves. At the root of the methodology is the primary ratio, or some derivative of it (0.618 or 1.618). read more
Harmonic Patterns foundation and trading concepts were laid by H.M. Gartley in 1932. H.M. Gartley wrote about a 5-point pattern (known as Gartley) in his book, Profits in the Stock Market. read more