ABOUT HARMONICFOREX

HarmonicForex is a Forex trading consultancy and education firm based out of Singapore.  We are Asia's only Harmonic Pattern Trading academy accredited by Scott Carney, the father of Harmonic Trading.

CONTACT US

CONNECT WITH US

  • Facebook Social Icon

Copyright 2017

  • Boon Hooi

Both Patterns at crossroads - EURUSD, AUDJPY

Turned on the charts again today after a crazy eating-spree festive season and found these 2 patterns just ripe for the picking. Let's have a closer look at them.



EURUSD H4 Chart: Completed a Bullish Bat Pattern

Price formed the T-Bar. If you guys have been following my articles, you would also see that there is one of my favourite falling wedge has formed. Looking to trade the pair.



EURUSD H1 Chart: Alternative entry - break out of the wedge

If you are a confirmation trader, meaning if you need to wait for a confirmation before entering the trade, then you can wait for the break out of the wedge.




AUDJPY H4 Chart: Perfect ABCD Pattern

This is 'perfect' in my eyes because it also coincides with the Support Levels too. In addition to that, RSI is at the oversold levels


Remember everyone: A perfect pattern does not it is going to be a win, it just increases our probability. Trade right and the profits will come