ABCD or AB=CD Advanced Harmonic Pattern

ABCD or AB=CD is the most basic of all harmonic patterns. Harmonic patterns are defined by fibonacci retracement and extension ratios. Yes, in order to understand harmonics, its imperative that you have a deep understanding of fib ratios. If you are totally new to harmonic trading or trading in general for that matter please read … Read more

GBPUSD Chart Analysis – June 22nd to 26th 2015

    GBPUSD has been in a strong uptrend for the whole of June right from the start of the month. On hindsight the previous downtrend had retracements back and forth towards key fibonacci levels. Not that we could have traded them, because the fibonacci levels within a trend could be seen only after the trend … Read more