Harmonic Price Patterns – A Quick Summary

Harmonic price patterns are powerful tools that help traders identify potential areas where the trend may continue or reverse, using precise Fibonacci-based measurements.

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The Six Key Harmonic Patterns

There are six major harmonic price patterns that traders commonly use:

• ✅ ABCD Pattern
• ✅ Three-Drive Pattern
• ✅ Gartley Pattern
• ✅ Crab Pattern
• ✅ Bat Pattern
• ✅ Butterfly Pattern

Each of these patterns follows a specific geometric structure and Fibonacci ratio, making them highly reliable—but also challenging to identify.

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3-Step Harmonic Pattern Trading Strategy

To trade harmonic price patterns effectively, follow this simple 3-step method:

1. Identify a potential harmonic pattern forming in the price action.
2. Measure the pattern’s legs using Fibonacci retracement and extension tools.
3. Trade once the pattern is complete—look to enter at the reversal zone for a high-probability setup.

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Final Thoughts

Harmonic price patterns are precise and structured, but that also makes them difficult to spot in real-time. Traders need sharp observational skills and discipline to wait for confirmation before entering trades. With consistent practice, these patterns can become a highly effective part of your forex trading strategy—offering excellent risk-to-reward opportunities.