New pattern "harmonic flat" | Forex Factory

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New pattern "harmonic flat"

  • #1
  • First Post: Edited Dec 30, 2021 11:56am Feb 9, 2019 1:24pm | Edited Dec 30, 2021 11:56am
Hello!

I made this pattern some years ago I called "The Carnivora". It is a continuation pattern.


It works very simple. The Entry, Stop and Target are clear in the graph with a great R:R

Attached Image (click to enlarge)
Click to Enlarge Name: HFP1.1.jpg Size: 51 KB


Attached Image


The manage of the trade is also easy:

1. When market breaks 61,8% extension move the Stop to Breakeven!

2. You could take partial profit at 61,8% extension.

3. Let it ride to 100% extension.


This pattern works in any active: Currency, Stocks, Commodities, etc., and also in any timeframe.

If you see something that could be developing an Harmonic Flat, Share it Here! and I can analize the pattern and everyone could make some money,


I leave some examples:

AUDUSD
Attached Image (click to enlarge)
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EURGBP
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Click to Enlarge Name: EURGBP.jpg Size: 101 KB


USDCHF
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SILVER
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Click to Enlarge Name: SILVER.jpg Size: 148 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Plana Harmonica de LC_LI.jpg Size: 846 KB
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  • #2
  • Feb 9, 2019 7:30pm Feb 9, 2019 7:30pm
Here are two more examples in the NASDAQ.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NAS1.jpg Size: 199 KB
Click to Enlarge Name: NAS2.jpg Size: 195 KB
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  • #3
  • Feb 9, 2019 8:53pm Feb 9, 2019 8:53pm
Cool pattern setup. I'll keep my eyes out for it.
  • #4
  • Feb 9, 2019 10:42pm Feb 9, 2019 10:42pm
How to determine the entry? i see the picture is using fibo but I'm still confuse how to place it.


Regards,
Tom
  • #5
  • Feb 9, 2019 10:45pm Feb 9, 2019 10:45pm
Hi
Is this an example, it is from USDCAD daily chart. I do not know where you look to enter...( I got the As backwards)

Chris
Attached Image
  • #6
  • Feb 9, 2019 10:47pm Feb 9, 2019 10:47pm
Quoting tomdachi
How to determine the entry? i see the picture is using fibo but I'm still confuse how to place it. Regards, Tom
Hi Tom!

Use the Fibo the length from "A" to "a" projected from "b".

There you go.
Don't believe me just watch!
  • #7
  • Feb 9, 2019 10:52pm Feb 9, 2019 10:52pm
Here are 2 more examples from the CAC40 index.

One did not work, but in the same chart we have revenge. How I said the good thing of this pattern is that you have a tight stop.
Attached Image (click to enlarge)
Click to Enlarge Name: fra40.jpg Size: 218 KB
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  • #8
  • Feb 9, 2019 11:01pm Feb 9, 2019 11:01pm
IS this right ?
Do you set a pending order at the 88% of blue fib?

Chris

Attached Image (click to enlarge)
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  • #9
  • Feb 9, 2019 11:09pm Feb 9, 2019 11:09pm
Quoting cfudge
Hi Is this an example, it is from USDCAD daily chart. I do not know where you look to enter...( I got the As backwards) Chris {image}
Hi Chris!

In the CAD case, I do not like the move from "a" to "b" the times that the pattern works better when you see only one clear and fast swing between them and you got 2 there. Maybe the market move well, but I repeat only one clear and fast swing btw "a" and "b"
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.jpg Size: 189 KB
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  • #10
  • Feb 9, 2019 11:15pm Feb 9, 2019 11:15pm
Quoting cfudge
IS this right ? Do you set a pending order at the 88% of blue fib? Chris {image}
The perfect is 100%, but after observe some entries missed I calculated the 88% in case. It comes from 88.6% fib number.

Look: https://www.forexfactory.com/showthr...6#post11983846
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  • #11
  • Feb 10, 2019 10:58pm Feb 10, 2019 10:58pm
I dont understand how you determine "b"

before it happens?

Zig zag is repainting
  • #12
  • Feb 11, 2019 7:34am Feb 11, 2019 7:34am
Quoting hibra68
I dont understand how you determine "b" before it happens? Zig zag is repainting
"b" just have to break "A", but no too deep. No specific parameter.
Don't believe me just watch!
  • #13
  • Feb 11, 2019 8:20am Feb 11, 2019 8:20am
Quoting LCForex
{quote} Hi Tom! Use the Fibo the length from "A" to "a" projected from "b". There you go.
Hi, I am still a little confused with how you use fibo here. (did you just plot from 'a to b' for retracement and extension?)Can you illustrate with a chart? Thanks! sorry for the trouble!
  • #14
  • Feb 11, 2019 8:56am Feb 11, 2019 8:56am
Quoting zhangshuo
{quote} Hi, I am still a little confused with how you use fibo here. (did you just plot from 'a to b' for retracement and extension?)Can you illustrate with a chart? Thanks! sorry for the trouble!
Use expansion!
Attached Image (click to enlarge)
Click to Enlarge Name: exam.jpg Size: 50 KB
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  • #15
  • Feb 13, 2019 7:05am Feb 13, 2019 7:05am
EU 5 min chart Harmonic Flat Pattern!

Just see this 15 min ago...

If you see something similar in any pair, commodity, stock, anywhere, please share!
Attached Image (click to enlarge)
Click to Enlarge Name: eu5min.jpg Size: 151 KB
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  • #16
  • Feb 13, 2019 9:55am Feb 13, 2019 9:55am
DOW JONES
Attached Image (click to enlarge)
Click to Enlarge Name: dow.jpg Size: 170 KB
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  • #17
  • Feb 13, 2019 10:01am Feb 13, 2019 10:01am
Visa

Did not work for cents!
Attached Image (click to enlarge)
Click to Enlarge Name: VISA.jpg Size: 181 KB
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  • #18
  • Edited 12:58pm Feb 14, 2019 9:57am | Edited 12:58pm
Possible Harmonic Flat EURUSD 5 min. target 1.1314

I was out trading by phone. I will post the chart when I came back
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  • #19
  • Edited 7:41pm Feb 14, 2019 12:59pm | Edited 7:41pm
Quoting LCForex
Possible Harmonic Flat EURUSD 5 min. target 1.1314 I was out trading by phone. I will post the chart when I came back
This is the HFP I posted as soon as possible. 10 pips to target now!

We broke 0.618, took profits, stop at BE target 1.1309
Attached Image (click to enlarge)
Click to Enlarge Name: eu5min.jpg Size: 109 KB
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  • #20
  • Edited 7:35pm Feb 14, 2019 5:24pm | Edited 7:35pm
I just found another HFP in the USDNOK

Attached Image (click to enlarge)
Click to Enlarge Name: nok.jpg Size: 164 KB


Changed some parameter more conservative.
Don't believe me just watch!
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