Nice 5-0 pattern here on NZDJPY 30 min chart last week , straight out of the box with some nice price action candles , it actually gave 3 bites of the cherry all out the price action support level.
Harmonic Patterns
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Harmonic Patterns
- 07 Sep, 2014
in
Harmonic Patterns
- 07 Sep, 2014
A nice pattern here even though it was not a strictly correct crab pattern, it still provided a nice drop from 105.71 once price action got it moving in the correct direction. Crab patterns are one of the most accurate of the harmonic pattern group and show up with good regularity in our harmonic detection […]
in
Harmonic Patterns
- 07 Sep, 2014
Seen here is a pattern on the 4 hour that showed up as an alert in our Harmonic Alerts module: You can see that initialy the price triggered the alert and the pattern but took us into the next 4 hour candle before we got any kind of a bullish reaction. As always when you […]