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This document provides guidelines for identifying common harmonic patterns in financial markets based on retracement levels between points A, B, and C. It lists the most common retracement levels of .382, .500, .618, .786, and .886, along with corresponding pattern names like Bat, Shark, Gartley, and Crab. Deeper retracements between 1.13 and 1.618 are also identified with expanding megaphone patterns.
This document provides guidelines for identifying common harmonic patterns in financial markets based on retracement levels between points A, B, and C. It lists the most common retracement levels of .382, .500, .618, .786, and .886, along with corresponding pattern names like Bat, Shark, Gartley, and Crab. Deeper retracements between 1.13 and 1.618 are also identified with expanding megaphone patterns.
This document provides guidelines for identifying common harmonic patterns in financial markets based on retracement levels between points A, B, and C. It lists the most common retracement levels of .382, .500, .618, .786, and .886, along with corresponding pattern names like Bat, Shark, Gartley, and Crab. Deeper retracements between 1.13 and 1.618 are also identified with expanding megaphone patterns.