Professional Documents
Culture Documents
Jay Purohit
Disclaimer
This presentation has been designed solely for educational purposes,
and is not an offer to buy or sell or a solicitation of an offer to buy or
sell any security or instrument or to participate in any particular
trading strategy. The information presented in this workshop is for
educational purposes only. Although every attempt has been made
to assure accuracy, we assume no responsibility for errors or
omissions. Examples are provided for illustrative purposes only and
should not be construed as investment advice or strategy.
All the contents in this PPT is taken from book on Harmonic Patterns,
web portals and charting software.
HARMONIC PATTERNS
Harmonic Patterns
✓One of the most reliable patterns.
✓Completely centered on Fibonacci numbers.
✓It enables you to enter the trade in a high
probability reversal zone with minimal risk.
✓Determine where the turning points will occur.
✓Rules-based method which requires discipline.
✓Provides predefined entry and exit point.
HARMONIC TRADING RATIOS
HARMONIC TRADING RATIOS
HARMONIC TRADING RATIOS
38.20%
50%
61.80%
70.70%
78.60%
88.60%
113%
127%
141.4%
161.80%
200%
224%
261.80%
314%
361.80%
Harmonic Patterns
• AB=CD
• Bat
• Alt-Bat
• Gartley
• Butterfly
• Crab
• Deep Crab
• Shark
• Alt-Shark
• 5-0
• And many more advance patterns
Potential Reversal Zone (PRZ)
• Doji – Gravestone/Dragonfly
• Hammer
• Shooting Star
• Bullish & Bearish Engulfing
• Bullish & Bearish Harami
• Dark Cloud Cover
• Piercing Line
• Morning Star
• Evening Star
AB = CD PATTERN
AB=CD Pattern
50% 200%
61.80% 161.80%
70.70% 141%
78.60% 127.20%
88.60% 113%
70.70%
C
A = 205.55
B = 183.85
C = 199.10
AB = 21.70
CD = 21.70 (100% extn)
B
D = 177.40
PRZ : 177.40 – 177.60 141% (177.60)
D
BEARISH AB = CD PATTERN
BEARISH AB = CD PATTERN
BEARISH AB = CD PATTERN
BEARISH AB = CD PATTERN
BEARISH AB = CD PATTERN
BEARISH AB = CD PATTERN
BEARISH AB = CD PATTERN
161.80% (1415.70) D
A = 1122
B = 1334.50
C = 1203.10
D = 1418 B
A
BEARISH AB = CD PATTERN
Patterns to Avoid
Pattern to Avoid
Gap Around PRZ
A
78.60% C
B
CD = 100% extn of AB 127%
D
Pattern to Avoid