Firstly, trading forex may be challenging at times, and picking forex trading brokers out of countless companies is harder. Also that cater to forex traders to choose from can make the job much tougher. We’ve compiled a list of some of the world’s most reputable brokers so you can streamline your strategy and accelerate your […]
What is Exotic Currency pairs? Firstly, Exotic currencies not commonly utilized in worldwide financial transactions or widely traded in foreign exchange markets. A lightly traded currency referred to as an exotic currency in foreign exchange. Exotic currencies are illiquid, have little market depth, are very volatile, and trade in small amounts. Trading an exotic currency […]
The ABCD Trading Pattern belongs to the well-known harmonic pattern family. Because some traders refer to the ABCD pattern as AB=CD, we’ll use the names interchangeably in this explanation. The ABCD Trading Pattern is the most basic harmonic pattern. One reason for this is because it has far less needs than the majority of other […]
What is shark Pattern? The Shark pattern belongs to the harmonic pattern family of chart formations. Scott Carney introduced it to the trading world after conducting extensive research on Fibonacci-based harmonic patterns such as the Bat, Gartley, and Crab patterns. The Shark pattern, like other harmonic patterns, has a unique set of Fibonacci connections inside […]
Deep Crab Pattern On the chart,Deep Crab pattern Harmonic Trading varies from the Crab pattern in one major way: the swing point B. While the B retracement of a conventional Crab pattern is between the 38.2 percent – 61.8 percent retracement of XA, the swing point B of a Deep Crab pattern is at the […]
What Does the Harmonic Crab Pattern Entail? In 2001, the Harmonic Crab pattern known the Crab Pattern TM. Like other harmonic patterns, is a reversal pattern. As a result, the bearish Crab pattern indicates bearish price reversal and the bullish Crab pattern which indicates a bullish price reversal. And, like with other harmonic patterns, each […]