Tuesday, April 10, 2012

harmonic butterfly bullish on Gold H4

Harmonic butterfly bullish on Gold H4

HINT: Note the beauty (for the human eye) of the pattern. Note also, the time of AB swing is equal to time of CD swing. When i see such beauty i easily ignore the fact that D point did not reach any Fibonacci cluster(PRZ). Harmonic pattern must look good to the eye, that's what counts (at least for me).


2 comments:

  1. Awesome entry!
    How do you make the rectangles with the time?
    Is it possible to do automatically with korharmonics?

    I envy your success rate with harmonics.
    Good job!

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  2. pattern was found by AMP indicator, the engine for AMPmonitor platform, see http://www.AMPmonitor.com

    yellow rectangles were added manually.
    other rectangles are displayed by AMP indicator, they give the swing's length in pips and number of bars.
    cheers.

    ReplyDelete