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Understanding Harmonic Patterns in Trading Harmonic patterns are a popular technical analysis tool used by traders to identify potential reversal points in the market. These patterns are based on Fibonacci ratios and can help traders anticipate price movements with a high degree of accuracy. In this article, we will explore some of the most common harmonic patterns used in trading and how to effectively incorporate them into your trading strategy. What are Harmonic Patterns? Harmonic patterns are geometric price patterns that repeat themselves in the market and are based on Fibonacci ratios. These patterns are formed by a series of ... Read more