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Harmonic Patterns in the Currency Markets

Leave a Comment / Education, Technical Analysis, Trading Strategies / Connor Walsh

Traders use chart patterns to determine likely market reversal points, whether bullish or bearish. Some take it further, using harmonic patterns based on Fibonacci ratios. Harmonic patterns can be applied to any asset class, including stocks and commodities, but are most frequently used by forex traders. Key Takeaways Understanding Harmonic Patterns Like other price patterns, harmonic patterns […]

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Risk Management 101: Process, Examples, Strategies

Effective risk management takes a proactive and preventative stance to risk, aiming to identify and then determine the appropriate response to the business and facilitate better decision-making. Many approaches to risk management focus on risk reduction, but it’s important to remember that risk management practices can also be applied to opportunities, assisting the organization with