Hamonic Patterns

Harmonic Patterns are nothing but a different way of looking at Elliott Waves.

Lets take a look at some of the very common Harmonic Patterns used by traders.

Below are bullish & bearish GARTLEY patterns.

This pattern above is called a bullish Gartley. It is basically waves 1 & 2 fallowed by wave 3 in an impulse wave or waves A & B followed by wave C in a correction.
This pattern is called a bearish Gartley. It is just the opposite of bullish Gartley.

Below are bullish & bearish BAT patterns.

The above pattern is called a bullish BAT pattern. It is very similar to Gartley pattern with slightly different calculation.
The above pattern is called bearish BAT pattern. It is just the opposite of bullish BAT pattern.

Below are bullish & bearish BUTTERFLY patterns.

This pattern is called a bullish Butterfly pattern. This pattern usually ends an impulse wave or a correction in Elliott Wave count.
The pattern above is called a bearish BUTTERFLY pattern. It is just the opposite of a bullish BUTTERFLY pattern.

Below are the bullish & bearish CRAB patterns.

The pattern above is called a bullish CRAB pattern which is similar to Butterfly pattern with slightly different calculation. This is also an impulse move ending pattern.
This pattern is called a bearish CRAB pattern. It is just the opposite of a bullish CRAB pattern.

Below is the famous ” Head & Shoulder ” pattern.