Tag - technical-analyses

Harmonic_Patterns

Butterfly Pattern and deal with it

Harmonic patterns can be classified as both internal and external patterns. Internal patterns include patterns such as the Gartley pattern and the bat pattern


Fibonacci

Fibonacci ratios

Fibonacci numbers are also mentioned in any discussion of harmonic patterns, as this pattern uses Fibonacci ratios. The Fibonacci number series was first introduced by Leonardo Fibonacci, the great Italian and European mathematician of the thirteenth century. On his return from a trip to Egypt, he introduced this series...