The math behind the harmonic analysis?

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Ilkay Demirel Former Podiatrist at Frame Scene
Answered 5 months, 2 weeks ago
<p id="isPasted">Harmonic trading refers to the idea that trends are harmonic phenomena, meaning they can subdivided into smaller or larger waves that may predict price direction.</p><ul><li>Harmonic trading relies on Fibonacci numbers, which are used to create technical indicators.</li><li>The Fibonacci sequence of numbers, starting with zero and one, is created by adding the previous two numbers: &nbsp;0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.</li><li>This sequence can then be broken down into ratios which some believe provide clues as to where a given financial market will move to.</li><li>The Gartley, bat, and crab are …</li></ul>