Harmonic Currency Strength

Hello everyone Im starting a new thread and will be showing how to use currency strength to figure out the market - a very powerful tool if used correctly

We're all still learning so any questions welcomed - If you want to bounce any ideas around thats cool as well

Just FF moderation rules apply -

Harmonic currency strength or a harmonic mean - What is it? It is 1 of the 3 classical Pythagorean means in which popular indices get constructed - ICE/DXY/USDX use a geometric mean - broker baskets use arithmetic and the trine is harmonic, unknown untill just recently - Between each formulas when u look back theres not much difference if all were constructed the same way to the untrained eye - But traders who study levels and know what to look for will recognize all the differences in harmonic formulas - the price action with harmonic charts is a level above geometric and arithmetic -

and with that brief introduction ill start showing some tricks in how I use them to uncover the market flow

I posted this AUD the other day - Wedge forming after breaking major AUD support level - When these form a strong pattern most crosses will follow - This doesnt mean every cross will follow all the time - different factors always determine different results eg. risk on/risk off - something as small as this wedge in the 1h can produce a big result if measured against multiple currencies - u have to also know what other currencies are doing to determine the strongest picks and understand the risk sentiment of present conditions on the crosses u choose - its time stamped to see when the signal started in AUD

Here u can see a bit more clear some differences USD vs USDX - the S/R levels are more respected not as much false breakouts - TLs are more respected basic patterns in price form a bit more in line