Author Topic: How can harmonic models be mastered?  (Read 77 times)

doaausef3li

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How can harmonic models be mastered?
« on: February 07, 2024, 12:21:57 pm »

In order for anyone to master harmonic models, there are a number of factors that must be taken into consideration, including:
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It is necessary to differentiate between harmonic models due to the great similarities between them, and the difference between each model and the other is the correction.
Good knowledge of the Fibonacci ratios, how to draw them, and the points for drawing the ratios to form a table of ratios for harmonic models, and the correct selection of the points from which the ratios will be drawn, in order to help well in determining the ideal areas for entry and exit.
Knowing the divergences and candlestick shapes is a good knowledge because it is considered the biggest factor in determining the ideal entry and exit points.
The ability to apply these models to all frames, starting from the quarter-hour to the daily, as well as the possibility of using them on a five-minute frame, but they require extreme speed in implementation and achieving profits, especially on pairs with small spreads.
Knowing when and where the harmonic pattern used is complete.