![]() What is the Harmonic Pattern?Ī harmonic pattern is a trading tool that is created from the geometric calculation and Fibonacci ratios. There are many patterns in the financial market, and the butterfly pattern is one of them. Many professional and institutional traders identify the potential market reversal and continuation using the price pattern. In today’s article, we will see how the butterfly pattern forms and how you can make a trading strategy using this tool.Ġ7 July, 2020 | AtoZ Markets – Pattern trading is very common in the forex market. Therefore, if you want to trade forex using the butterfly pattern, you can make a decent profit. Butterfly trading has a strong backtesting record for many years. The butterfly pattern is a harmonic pattern that can provide a good profit in forex, stock, and cryptocurrency markets. ![]()
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