 hi guys good evening or good afternoon wherever you are welcome to the webinar today okay we just wait for a couple more minutes for everyone to turn in okay and then I will start the session for today so today I'm going to talk about harmonic pattern okay you guys can share with me any one of you guys are using harmonic pattern to train alright how are you guiding so far can you guys hear me good morning good morning okay where you from good morning because my time zone is evening okay loud and clear alright my size is 5 30 okay wow and I've been there even 30 okay that's still morning a few of you guys joining anyone of you guys I'm joining the webinar for the first time 5 30 from Philippine all right it's the same time here in Singapore yes evening yes nice to see you here yeah first time okay alright guys so if any one of you guys the first time and you guys don't know about Fibonacci level you may get confused okay because today's section is about harmonic pattern which is actually they are using the Fibonacci level so okay you let me know okay if you get confused I will try to go it slowly because like I said but if you guys your first time and then you already know how to draw Fibonacci and then I think that shouldn't be a problem alright okay wow that's quite a number of you guys first time today Nigeria wow that's far away okay first time a few of you guys first time alright okay so these are for S1 traded um okay so basically for the tick mill we do the web penis I think every once a week okay so basically we start from the beginning and then you know all the topic like it's like from the beginning until the at once I believe and then if you guys miss certain like section or you did not attend like before like I say today's section you guys might get confused okay but again I think we will do repeat the topic one in a few months maybe okay just want to like tell some of you guys who the first time today like I say if you guys already know how to use Fibonacci then there should be a problem then should not be a problem today but if you guys did not know like don't know how to draw Fibonacci today you make it confused okay because I say how many pattern basically the youth Fibonacci level okay but it's okay if you have any question you can ask me I will try to go slowly okay okay I don't give you kind waiting again guys welcome to the webinar today okay so today I'm going to talk about how many pattern if you guys already knows about this topic you can let me know like some of you guys is still first time welcome to the webinar and please join the next webinar you will learn something because we will I will share with you guys those like technique even those are beginning for the beginner or at once all right so before I go like go to the section this camera first okay as usual guy remember that everything in this video is education is education in nature alright nothing should be construed at investment or trading advice if you come to trade please do your own do this then before you guys trade alright okay so about myself you guys some of you already know some of you or not know my name is Peggy I'm a trade analyst at Everfrozen group be a partner with Thickmail which is you will see me or some of my colleagues every once a week alright we are finalists for the best epic research in 2019 20 and 21 and the finalists for the best equity research in 2020 and 21 actually I myself am a prop trader as well okay and today what I'm going to cover which is what's our harmonic different type of harmonic okay and then we will go into reason market structure which is recap and how exactly do you need how many pattern okay okay so what is harmonic alright so basically like I say how many pattern is a reflect geometric price structure which is follow people energy level okay and we use harmonic pattern you know to find the unique price movement or actually we play the reversal so so basically if you guys already know the harmonic pattern is something like that right and then for the we wait for the price this is a D for example we wait for a price to read a certain level or to compete the harmonic pattern and if you will play the sale order over here so basically how many pattern is also about trading reversal wait for the price reversal and then we will either place the buy or sale order but how to trade I will show you guys later okay and some of the trader okay actually they also use harmonic pattern for fine or to place the take profit and stop lot alright and how many pattern also can help you to attempt to predict the price movement in the future this is why how many pattern is different from other maybe take maybe like technique right and also how many pattern is allow you to buy any moment which is for example if you think that okay that is like they're going to form like ABC and then maybe you say okay this is my gonna be for example gonna be like maybe bad pattern and then you will place the buy order from here that is kind of more like at one if you you guys already know how to trade or they also can tell you where you're going to place stop lot of profit actually based on Fibonacci confluence zone so basically okay so different top of harmonic I'm going to cover I'm not going to cover all like today okay so basically that is some fine pattern we have got laid crap bad butterflies cypher shark and crap actually we have alternate crap as well it depends where the deep point is ending okay just basically like six pattern but I think the most common one is like bad and butterfly and crap okay so just go back to the basic okay if some of you guys already know or don't know basically how many pattern actually it's AB equal to CD okay so maybe this is some of the other table you may charge let's say if C point retread 38.2% basically D will ending with 261.8% which is BC extension and what you can see here AB equal to CD basically the distance of AB will be sorry okay AB if you have to get a CD or D point which is actually a CD the distance is equal to AB that's what they call AB equal to CD pattern okay so if I draw like here okay what you can see here actually it's a harmonic pattern like X A B C D alright so you see if I draw from here and it's X A B C D so basically that the table you just have to remember or you cannot remember that it's okay sometimes I cannot remember everything I just pin those like the pattern a chat pattern or whatsoever number on my then on my table and then you know sometimes I cannot remember I just have a loop and then you know help me to memorize so basically this is a common one which is let's say if the C point which is this one okay is retread 61.8% usually D point will be ending with 161.8% of BC extension okay so I will try to go it slowly because they're gonna be two section alright for the harmonic pattern I'm not going to like put everything in one section because I think that gonna be quite like a lot of things for you guys to remember but let me log into trading view just give me a one side sorry I think I just forgot to sign in okay okay so give me one minute okay okay so okay so basically what I what I mean by like okay like A B equal to let's say this is A okay and B okay B and what is over here they say that okay so here they say that um let's say if C retrace 61.8% and BC extension is 161.8 what does it mean it like okay you draw fee bowl right it's my okay visible Nancy okay a to be okay I pull out all people um okay let's say if C retrace a point okay which is retrace here 61.8% here so BC extension how you can see okay here I removed line okay BC extension you're used AB how you can see okay first they say like AB equal to how you get the delay right so basically you use this one okay this is the range first okay this is the right you can either you copy like this okay and then you get the D point it's okay D here I don't want you get D or you can use BC extension from B to C here BC extension is you see 61.8% which is that's why it's called here this one okay alright here so this is why they say AB equal to CD either you can use the distance from A to B to get the D point or you use BC extension which is you draw fee bowl form you use the extension form like okay which is the anyway so extension from BC and then you get extension right just now I draw one more time here to here and then I go to off it okay this one 161.8% BC extension okay yeah alright it's what I mean how you draw okay so back to our slide any question I see okay hi welcome to the webinar it's okay if you just draw I just started okay and then you can remember these let's say easy point ending retrace 78.6% BC extension 127 this is really common month so if you cannot remember everything it's okay so basically if C retrace how to find a retracement you draw from A to B always draw from your left to the right okay yeah they retrace 78.6% which is here this level okay 78.6% okay BC extension is you see okay BC extension we should be to see it's here 127.2 here which is our D point and this is the one and what's about if you measure somewhere around here and then you curve yes you see exact somewhere here okay that's why BC equals to AB equal to CD pattern okay and what you see see from here right like I say the harmonic if I go to draw like either like here this is an egg that's why this is something like harmonic pattern already if you draw these are eggs okay it could be here or could be here something like that right okay okay back to our slide okay okay like I say how to find the AB equal to CD I will tell you the C will determine the ending of D point which is this the one okay and the D point you can draw Fibonacci extension from B to C which is from B to C and then you get like the D leg here or you can measure from the rank A to B to get from here to here to get like the D point right you can measure or you can use Fibonacci expansion as well like again the ending of the D point should be like the D point if you want to trade like reversal zone here that should have support resistant for the confirmation if you want to trade like reversal zone or that should have like demand and demand and surprise zone somewhere on your left and then you can you know place the sale order over here okay there might have confirmation okay and how many patterns there will be like two actually is retracement and extension okay so whatever retracement we have which we have cut late and bat okay and for harmonic extension extension meaning whatever above X level like D okay you have that alternate bat which is D will be ending with like 1 1 3 percent and we have butterfly and we have crab okay all these three is extension and all these two is retracement all right and C is have to retrace at least today percent cannot go below a point okay C cannot go below a point all right and how to find the PRC zone or potential reversal zone like I say you can use like XA and then you will get like the D point which is our extension or you can use a BC extension which is BC which is you draw Fibonacci from B to C right just now then you get like extension okay remember I draw just now or you can use like you know AB equal to CD which is this this turn from AB and then you press then you will get the D point all right okay so now I'm going to talk about bat pattern how is bat pattern work which is okay actually bearish or bullish is the same I mean the level is just at the middle of each other so basically how you get a bat pattern is B point this is the B point okay should retrace between 38 by 2 percent to 50 percent of XA let me let me let me try to draw for you okay you give me a while right I cannot you can see my slide guys so far let me see can you guys see can you can you guys see my slide because it's always asked me to resume okay okay I try to copy like this one way I cannot sorry sorry anyway okay so I try to like copy this but it doesn't allow me to do okay let me just remove okay what's over here they say that bat pattern okay I try to do the bat pattern for you for example okay over here okay they say B point should retrace how you draw to get the B point here so basically they say that B point I draw people from X to A okay people I go slowly okay here B point which is this one have to retrace no not this is bat bat bat 38 to 50 percent which is here in this case we just say okay it's retrace 50 percent okay these are 50 percent okay you see these are 50 percent of the B point okay and the C point it retrace between 38 point 2 and 8 8 points in how you get a C point here okay you draw the ball from your A to B okay I off it okay like you guys cannot see A to B okay the C point have to retrace whatever cannot go below C point okay it can assume for you to see okay maybe make a bit bigger right make it's not too small I also cannot see okay it's retrace between 38 it's okay whatever until 8 8 point 6 percent okay but cannot go below A okay in this case it's retrace at 7 8 point 6 percent it's okay okay it's like that okay I think I will just remove okay yeah okay and we already get a C point what's about the D point D point idle you can use the retracement okay because this is a harmonic pattern is a retracement right so you draw F to A and then 8 8 point 6 I think that's wrong let me change my 8 8 point 6 okay okay it's ending 8 8 point 6 percent okay 8 8 point 6 percent you get D point which you draw F to A and then retrace 8 8 point 6 percent that's how you get the D point or you can use the extension between B C extension B C extension which is 161 to 260 1 point 8 percent which is B C we draw Fibon from B to C here like here right here my ending here okay but I'm higher here and B C extension which they say between this is B C extension so this B C extension okay so 161 to 261 point 8 so in this case what you can see that okay this is our prc zone 8 8 point 6 percent okay what you can see over here okay 8 8 point 6 percent here and here so minion this is our conference zone basically this is our maybe somewhere here do I have the time it's our prc or potential reversal zone okay here meaning that when the price come here we will have the planning sale order over here okay basically the prc zone will be somewhere have a Fibonacci conference in this in this case we have 8 8 point 6 percent and then you can see that for the extension B C extension which is D point is have 200 percent here like I'll give 8 8 point 6 percent so this is our prc zone okay oh there is question would there be a copy there is no copy I think for the thing me we don't have any copy after the webiness but about videos I'm not so sure I don't think they upload on the like YouTube okay okay so this is a bad pattern okay so we see this is bad pattern right let me go back to the um the slide which is here okay so just now it's a valid bad so this is a D point just now right we have 8 8 point 6 percent and then D point is somewhere like 200 percent and then you place the sale order here which is um we wait for the bar for the sale for the bullish but actually the the number is same which is at the middle of the appellage okay any any you guys can follow so far okay right I will try to go slowly okay what's about the alternate bad actually the alternate bad is um extension how many extension what does it mean is that what just now D cannot go above X level that's why um retracement at 8 8 point 6 percent but in this case whatever go above X 1 usually D we're ending with the 1 1 1 3 percent of X 8 so basically everything is the same it's just that um can be here okay D point for the bad now we're going for alternate bad right so we see alternate bad which is um X but delete first okay if um X a okay I go for all people okay ending with 1 3 1 here okay this is alternate bad which is D point is go above X point is it extension is 1 1 3 1 1 3 you can see right over here and what they say um let me see okay and they also say that you also can find D point use a projection between 200 and 361 of BC okay actually you also can use a BC extension from B to C okay and then you get alternate bad here okay you don't get confused right this somewhere like over here so basically our PRC zone should be somewhere here like this this zone right it's mine okay the PRC zone here they say that the protection if you guys know Fibon and you guys know ticks right actually the harmonic pattern is just have to find a confine zone and then you place the buy or sell order based on Fibonacci level of Fibonacci confines okay let's say 200 here to 316 that 25 so somewhere here okay confine zone is here this um PRC zone over here okay okay let's we go to our slide okay alternate bad okay what's about butterfly pattern so basically let me just go to the information first the rule for the butterfly is B should retract 78.6 percent of XA A XA and then you get the B point 78.6 percent how you get the C point you see the same you draw Fibonacci from A to B you get the retracement between 38.2 to 88.6 percent of A B okay and the D point okay either you can use um extension okay which is 127.2 to 141 percent or 141 percent of A B okay A A B and then you get the extension okay I will tell you how to draw okay how we're going to find a butterfly okay it's over here okay this is you want to use how many just go here yeah and then you just put the XA um so basically um butterfly is I just used um bellies okay maybe like here so make it bigger we do the okay they say how to get a B point okay you draw Fibonacci from X to A like here or you're ending here okay they say that I have two retraces 78.6 percent of XA so you get a B point here okay 78.6 percent and C how you get the so there's a C one okay which is X to A here okay I pull all Fibonacci okay let me remove 70.6 percent have to retrace between 38 whatever from 38 here could retrace here anything between 38 to 88.6 percent here or anything around here also can okay between like this one to this level okay usually the C point will be retracement between 38.2 to 88.6 percent then you get a C leg or you get a C point okay one get a C point how you get the D point you use Fibonacci extension which is you can use um I think that will be extension which is should be XA okay I think that will belong that will be XA between 121 and 41412 which is 172 here or it could go up until here here okay or you also can use um BC extension BC extension okay I remove this one first BC okay I draw B to C point which is here okay but I move a little bit further here but the level is still the same BC extension for butterfly which is this level so potentially this is our this zone is our PRC zone okay here is our PRC zone okay this is how you get the um butterfly pattern and again the uh when the price comes here what it means like if you price come here on your left here they might have um demand and supply like if you want to trade like the confirmation they might have like demand like for your PRC zone here on your left over here that should be like um either um like you have like resistance because we're waiting to um to sell like resistance or demand and should be like demand zone did you know it needs to get that will be supply zone okay because we're waiting to to sell should be resistant level would return several or supply zone okay here some on your left here and then it line up with like um fee bonus level which is somewhere here and then you place the sale order at this level like somewhere here okay this is our potential reversal zone okay and maybe go back to the slide okay okay so basically for just now I did the belly butterfly right you wait for price to come to end the default and then you have the pay the sale order or here or bullish same ending is a default and then PRC zone and then you place the buy order somewhere here okay what's about crap okay so basically ah there is wrong um um there is not something wrong with my what is my mouth okay crap this is not crap why doesn't allow me to eat it okay my opportunity this one is not um that lay okay this is a crap pattern okay so basically for the crap pattern um b have to retrace between 38.2 to 61.8 percent of x a so basically you draw fee from like x to a and then you get a b point over here okay and a c point should retrace between 38.2 to 88.6 percent which is a b and then you get a c point okay you draw fee from here to here and then you get a c leg and d point it could be extension of 161 of the x a you get an extension which is the d point or you can use the extension between bc extension okay you can get these two number okay how you're going to get for example okay i make a bit bigger okay okay what they say is that okay you draw fee from x to a i go for or fee okay here starting point is always 100 percent okay in this case why you see that it's like that right in the um people fee retracement over here just in case you can choose to see the value or you can choose to see the percentage maybe in this case i change the percentage because over there i put percentage right it's depend on you or like over here you can choose to show hey what this i do here i think my mouth something wrong anyway okay so in this case just put the percentage for you okay they say x a you get the b point which is b point retrace between 38 to 61.8 percent okay so here is the area that it can be retraced which is this one 38 between 38 to 61.8 percent then you get the b point okay here and what's about the c leg how you get the c leg which is here okay you draw fee will form a to b and the c leg have to retrace between 38.2 can stop here or until 88.6 percent but c cannot go above a point like cannot go like that okay if go until like this this is not the harmonic pattern okay it could be here or could be here in this case i just put at um somewhere here okay it's still within and then how you get the c point or how you get the d leg you can get the extension of x a basically x a you draw fee will form x okay x to a here okay x to a the extension what's about number is above 100 percent we call extension so extension which is 161.8 percent which is here okay okay here 161 percent of x a or you can use bc extension you draw fee will form b to c like here okay here or fee okay they say that between 61.8 to 361.8 percent here so i already have my um crab bc extension crab is here so you see like that meaning that this is our prg zone this is our prg zone okay this is the zone here here and then you wait to buy over here okay any question or there will be somebody asking me let me see the chat uh we can apply position yeah okay so basically um harmonic pattern if you just um all the fibonacci you know um extension or projection like you know line up together for example i want to see here and then i want to draw projection i want to get the projection so i draw projection form x a b then c you see c is somewhere have um let's just like put the presentation okay you see we have then just now i have the bc extension here okay what you can see over here this this this one was okay here could be ending either here or we have like um we also have that extension of x to a like x to a here x to a we have 161.8 percent um it's here you get what i mean in this one i draw i have fibonacci extension which is 161 which is here and then i do have a position which is whatever near 61.8 percent which is position is this number like 141.40 i don't think i have a template for here um let me just un-tick okay this one this one this one this one up to okay okay you see 16.8 percent and we have like 214.4 is a projection okay you get a d-point and we also have um um bc extension with somewhere here or here so basically you can see this is either here or here somewhere here it's our in this case we choose here because it's nearer okay this is our prc zone okay here all right is a prc zone for the um in this case for this one yet you can apply protection okay it's a belly crab or is belly crab or belly butterfly what do you mean belly crab or belly butterfly it's it's different belly crab crab or belly butterfly belly crab is like this um crab crab crab or a wrong one no let me see here crab oh it's a belly crab not belly butterfly let me see where am i here let me see first i'm getting confused now um i'm still at the crab right yeah it's a crab not where is my butterfly crab butterfly is here okay no in this this this this one is the um this one is a bullet clap sorry not not not uh bearish this is a bearish should be bearish bearish bearish butterfly for this one okay this is a bearish butterfly bullies sorry bullish i think i feel bullish now and then we wait for pride to come here and then you buy okay i'm so sorry any particular pair where this appear i'm so oh okay actually um there is quite a number of um if you trade with those like um harmonic pattern i don't think i have the um for example but oh but like last time like i say like i thought i thought for example but i haven't um tissue i thought this could be like godly like something this is i thought it could be like that but because he's still haven't yet so i have i need to wait to see okay um maybe for the next one minute i will i will try to find the example of um for the harmonic pattern but yeah but there there is a pattern but for what you can see now or potential to have the harmonic pattern which is xa usd for the godly okay i will show you guys later okay you can use percentage other indication if the stock is going to be traced um you mean the phibonacci like i said the phibonacci level right when you use like that it's either it's up to you okay you want to see at the value or you want to see at the percentage you can just go to setting here okay i move here either you use a percentage double change the percentage to you increase the the price like you want to know okay when the price is listed at 8.6 percent the current um what the number i mean the current price it's like 2098 if you don't want they will just show the percentage only or you don't see percentage you just value the value you also know that it's like 8.6 percent it's up to you like you know which one you like um prefer you want to show the price you can you don't want you just untick or your percentage or you just show value it's up to you but in my case i like to look at the value which is i know that actually it's a percentage you just want to change something like that okay or if you guys uh one if you guys want to see how i use my um level okay you can just um copy i mean capture and then you can just do like that okay this is for my football for um harmonic okay all all this you can just maybe copy and then i like capture and then you can just use how we can implement and how we can implement in trading with the light shot okay i will show you the for the cut later i think i can i can um see what's best what's bad but the value or the percentage oh i just answer already it's just up to you you prefer to see value or you want to see percentage actually it's the same it's same just like your reference only okay okay so uh maybe i'll go one more for godly since i think i saw the um the the potential to be the godly over here okay so for the godly pattern just back to my slide okay so basically over here they say godly pattern okay they say that b should retrace about 61.8 percent of x a okay and the c point should retrace at least 38.2 percent to 88.6 percent of ab okay and the d which is a d point this is wrong this is wrong okay it's here have to reduce 78.6 percent of x a and then you can use a bc extension which is 127.2 to 61.8 percent of the bc extension so basically how it looks like it's here since i already saw this potential for the daily time frame okay so i see that they say x a you see that x to a okay i will use the fibonacci x to a here they say retrace 61.8 percent in this case they retrace 61.8 percent it's somewhere here okay and you get the c point x b and then c have to retrace between 38 to 88.6 percent in this case they retrace here so it's okay okay it's still within the range and now we get the ab x abc we have a c now we wait for d to complete meaning that it doesn't mean that okay you think that price is gonna be bullish okay we just see okay that might be potential that price will go up to finish the d point or not and or we can see let's say the price come here how we get the d point x a and d point retrace 78.6 percent which is here okay here 78.6 percent 78.6 percent or you can use bc extension which is bc extension okay bc extension this is range and number because i use a percentage okay okay you see 127.2 and 61.8 percent in this case this is our prc zone or the zone that you know have people conference zone here and what you can see on your left this is your this is never the big and the body here okay so this could be our prc zone here that potential for the long term i don't know when okay the price could come up to 1960 to 1965 or 66 somewhere around this zone okay and then we will wait for to like sail from here okay like here i mean like this zone like you don't use sail somewhere here somewhere this zone and order here so um again i think that what i can see here that if you look at the market structures now we're going to look at market structures right price is still we cannot decide but what we can see here it's like from here price make a low low low high low low and low low low high low low low high and they make a higher low because just you know it's not the low here so i think that they might change the momentum like something like that to become or maybe they can come here and then you know changing the up 10 i don't know it just that what you can see here they could not make a lower low they make a higher low okay and now we still see whether they will like reverse from here to go up to somewhere this zone and what you can see here this is also like you were to draw this is a resistant level of h on daily time frame which this is actually this is one and this is another one i just choose details too far somewhere here okay again if the price comes to here you need to wait for confirmation okay what i mean by confirmation you always go to the lower time frame to see the rejection price action or chart pattern okay okay guys any question so far okay i'm going to launch the poll um the that will be the continue of um um pass two okay because i did not cover all because i think that will might be too much so i'm going to split into pass one and pass two i think that going to be like next next webinars okay again if like you guys miss or you some of you guys did not know how to use fibonacci you just go and learn okay because if you master fibonacci and actually um for how many patterns it just also about fibonacci like up together and then you just place the order by or sale okay um yeah uh i think we always um okay for tick mill for the tick mill for the um teaching month gonna be gonna be me and with my colleague i think um um that will be the schedule right um let me see yeah i think you can see like over here um if you go to tick mill and then you serve a tick mill webinar over here you can see um like upcoming webinars uh why i don't see my i'm gonna see you again on second of of october but here don't have i'm not sure why but um yeah um i'm not so sure but again um guys there there is a we we do have um tick mill trader club as well okay uh me and my colleague will be um uh sending those like the trace signal let's say if i if me and my team saw like the the potential uh trace setup we will be sending to like vip or tick mill trader club okay so um you can if you have the account with the tick mill already okay you you can just you know talk to the support that you want to join um the tick mill trader club because me and my team which is desperate we're gonna you know send all the um trace setup if we see their potential to like you guys or if you guys have like any question or any like draw fee warranty or anything about trading you also can talk to me as well okay um the deposit requirement i'm not sure um you can just talk to the support for example like i don't know whether they have changed those like the deposit already but let's say if you already have the account or you're already if you are uh um lawyer customer or whatsoever i'm not so sure you can just ask the support okay because i'm not sure it's about that and then if you were to add in to the um tick mill trader club you can just talk to me okay or you can talk to my team or you can talk to like to us like how to draw fee warranty whether you draw fee warranty collect or no you can just ask us and me and my team will answer the question over there okay okay guys um all right i think this will be end of my um webinar for today okay thank you so much guys for joining me okay i appreciate that hope to see you guys again in the next webinar that will be um next monday okay i think next monday they're gonna be like trading section it's maybe gonna be me or my um colleague okay because usually for the tick mill they're gonna be like alternate like uh education and then the week later they're gonna be like trading sections okay all right you're welcome okay happy trading guy take care see you again next monday okay bye for now