A lot of you will have heard about harmonics, but I will start by providing an introduction to harmonics.
As with all technical analyses, these are geometric price patterns. Typically you will use Fibonacci extensions and retracements to measure these. That's not to say these are the only tools you can use, but these are what many online guides and conventional guides will show you.
Scott Carney is one of the prominent known harmonics traders, but many others have found and contributed to the concepts. Many are continuing to do so, some could be current, or future funded trader!
There are various ways to trade harmonics, but I’ll outline the most popular harmonics trends. I won't explain how to read them, because that can get complicated. For that you can consider our education! 🙂