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.

, Hamonic 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.
, Hamonic Patterns
This pattern is called a bearish Gartley. It is just the opposite of bullish Gartley.

Below are bullish & bearish BAT patterns.

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

Below are bullish & bearish BUTTERFLY patterns.

, Hamonic Patterns
This pattern is called a bullish Butterfly pattern. This pattern usually ends an impulse wave or a correction in Elliott Wave count.
, Hamonic Patterns
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.

, Hamonic 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.
, Hamonic Patterns
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.

, Hamonic Patterns
, Hamonic Patterns