Strategy 9: ABCD harmonic plus fib ext
Hello
This is a strategy that can be confirm via pattern identification, harmonic forecasting and fib extensions.
ABCD harmonic fib extension
• The safest way to use this strategy is to start analysing at number 2
• At number 2, a reasonable swing has occurred and we can estimate that it is 0.113
• Draw up you fib ext from the HH to the LL and then set the LH to 0.113 as shown in the diagram.
This is a strategy that can be confirm via pattern identification, harmonic forecasting and fib extensions.
ABCD harmonic fib extension
• The safest way to use this strategy is to start analysing at number 2
• At number 2, a reasonable swing has occurred and we can estimate that it is 0.113
• Draw up you fib ext from the HH to the LL and then set the LH to 0.113 as shown in the diagram.
