Harmonic Patterns [ChartSchool] https://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:harmonic_patterns The following chart shows another 5-point harmonic pattern (Butterfly Bearish). This pattern is similar to the above 5-point Gartley pattern, but in reverse. Here the pattern is “W”-shaped with “B” being the center (eye) of the pattern. The pattern shows trade entry, stop and target levels from “D” levels using the “XA” leg. List of Harmonic Patterns ABC Bullish/Bearish AB=CD Bullish/Bearish 3-Drives Bullish/Bearish Gartley Bullish/Bearish Butterfly Bullish/Bearish Bat Bullish/Bearish Crab Bullish/Bearish Shark Bullish/Bearish Cypher Bullish/Bearish The basic Fibonacci ratio or “Fib ratio” is the Golden Ratio (1618). Fibonacci numbers are a sequence of numbers where each number is the sum of the previous two numbers. The series of Fib Numbers begin as follows: 1,1,2,3,5,8,13,21,34,55,89,144,233,317,610…. There are