Look at harmonic patterns from a different perspective
“Harmonic Patterns Strategy” is the first volume of the series “Trading with the Trendlines.” The book explains a strategy applicable in every market (forex, equities, commodity...), based on a harmonic pattern and trendline.
You will see the harmonic patterns from a different perspective. The strategy seeks to exploit the completion of a Gartley or Butterfly, trying to ride the last leg.
What you are going to read in the book is, therefore, my interpretation of this type of pattern. A way to predict a future movement of a market, that I have studied after observing many similar situations, and to have identified, under certain conditions, a subsequent trend common to most cases.
Easy and clear is the identification of the target profit and stop-loss of the strategy. Not only. Depending on your account, I will also explain to you the correct position sizing, for proper money management.
If you are a beginner, do not worry; the first two chapters will provide you with adequate knowledge for understanding the strategy and using it correctly, and if you do, it will give you a high percentage of profitable trades.
However, it is recommended to combine the strategy with the fundamental analysis and open a position only if both give the same signal, the same direction.