Market Harmonics

The pulse of markets

Personally, I feel that market harmonics and patterns depict the beauty in trading. These patterns are consistently reproducible and give you an edge in any financial market. They have proven success rates and follow naturally occuring Fibonacci levels... so essentially, all you need is a trading plan, and then the discipline to follow that plan.

Early August 2019, EURUSD was in a 70 pip range for a whole week. The dark and light grey SR lines from the earlier example are still visible.

EURUSD 1HR



Gartley 1 Short

• Bounced off Resistance Zone straight to support zone (impulse leg)

• CTS Score of 4 (Pattern complete, Resistance zone, RSI

• Pattern Completes and rejects off the Resistance zone (both profit targets reached)

Gartley 2 Long

• the CD leg of the previous Gartley has formed the XA leg of the new Gartley

• Pattern comples at the light grey support line.

• CTS Score of 4, both profit targets are hit

Cypher Short

• Previous Gartley ABCD legs have now formed XABC of the Cypher

• Cypher short completes but has a lower CTS of 2 (enter half position size)

Bat Pattern Short

• CTS Score of 4, both profit targets hit

• New internal resistance zones at 1.1220 is pretty obvious now

Notice how the light grey line was respected multiple times during the formation of those patterns?

220 pips, 4 days, 70 pip ranging market, 1 indicator, 1 pair.