what is the harmonic price chart pattern

What is the Harmonic Price chart pattern

Harmonic price chart patterns forex trading mein specific price patterns hote hain, jinhe traders use karte hain to identify potential trend reversals or trend continuation points. Ye patterns Fibonacci ratios aur geometric structures par based hote hain. Kuch popular harmonic price chart patterns niche diye gaye hain: What is the Harmonic Price chart pattern 1. Gartley Pattern: Gartley pattern mein 4 price swings hote hain, jismein AB=CD pattern aur Fibonacci retracement levels ka istemal hota hai. Ye pattern bullish ya bearish trend reversal ka indication deta hai. 2. Butterfly Pattern: Butterfly pattern mein 5 price swings hote hain, jismein AB=CD pattern aur Fibonacci retracement levels ka istemal hota hai. Ye pattern bullish ya bearish trend reversal ka indication deta hai. 3. Bat Pattern: Bat pattern mein 5 price swings hote hain, jismein AB=CD pattern aur Fibonacci retracement levels ka istemal hota hai. Ye pattern bullish ya bearish trend reversal ka indication deta hai. 4. Crab Pattern: Crab pattern mein 5 price swings hote hain, jismein AB=CD pattern aur Fibonacci retracement levels ka istemal hota hai. Ye pattern bullish ya bearish trend reversal ka indication deta hai. 5. Shark Pattern: Shark pattern mein 5 price swings hote hain, jismein AB=CD pattern aur Fibonacci retracement levels ka istemal hota hai. Ye pattern bullish ya bearish trend reversal ka indication deta hai. Harmonic price chart patterns ke saath traders Fibonacci retracement levels aur extension levels ka istemal karte hain, along with other technical analysis tools like support and resistance levels, trend lines, aur price action analysis. Iske saath sahi risk management aur money management bhi zaruri hai. Harmonic patterns ke saath practice aur experience se hi aapko iski wazahat aur istemal ka pata chalega.