Harmonic Mastery (Student Edition)
Harmonic Mastery (Student Edition)
MASTERY
STU
D
ENT
THE EDI
TRAGOLD TIO
N
DIN STA
G E ND
DUC ARD
ATIO IN
N
Welcome to Harmonic Mastery, I truly want to thank you for downloading my ebook. Throughout this
short publication the information shown is material provided by www.sixfigurecapital.com.
Harmonic Trading is a methodology based upon distinct price structures which possess specific fibo-
nacci ratio alignments. Every pattern is individually identified and validated by a continuous series of
measured levels. The utilisation of distinct and consecutive fibonacci ratio alignments defines critical
zones where reversals may complete, it’s our responsibility as traders to exploit this information.
CONTENTS
1. Fibonacci Ratios
2. Harmonic Patterns
3. Advanced Strategies
4. Risk Management
5. Pattern Index
Lewis Glasgow
www.sixfigurecapital.com
1
HARMONIC MASTERY BY LEWIS GLASGOW
This publication is intended to provide accurate and authoritative information in regards to the sub-
ject matter within. This book is not designed to be considered professional advice. If professional ad-
vice is required, the services of a competent professional person should be sought out. None of the
information provided in this book is to be considered investment advice or financial advice. Any infor-
mation provided within is to be used for educational, informational or entertainment purposes only.
Investment trading involves the risk of loss. Please consider carefully whether trading or investing is
appropriate for your current financial situation. Only risk capital should be used when trading. Inves-
tors could lose more than their initial investment. Neither the authors nor the publisher are liable for
any actions prompted or caused by the information provided within this book. Any views presented
are those of the individual author and do not represent the views of any of the organizations or compa-
nies that they work for or are affiliated with.
No part of this publication may be reproduced, distributed, stored in a retrieval system, photocopied
or transmitted in any form or by any means, including photocopying, recording, or other electronic or
mechanical method. Especially without the prior written permission of the publisher or author, except
in the case of brief quotations embodied in critical reviews and certain other noncommercial uses per-
mitted by copyright law. For permission requests, write to the publisher, addressed “Attention: Permis-
sions Coordinator,” at the address below.
www.sixfigurecapital.com
2
1
FIBONACCI
RATIOS
PRIMARY, SECONDARY,
TERTIARY AND
RECIPROCAL RATIOS
HARMONIC MASTERY
PRIMARY RATIOS
0.618 1.618
SECONDARY RATIOS
0.236 2.618
0.382 4.23
0.786 6.85
1.272 11.09
TERTIARY RATIOS
0.5 1.414
0.707 2.0
0.886 2.24
1.0 3.14
1.13 3.618
4
FIBONACCI DISPLAYED AS PERCENTAGES
23.6% 141.4%
38.2% 161.8%
50% 200%
61.8% 224%
70.7% 261.8%
78.6% 314%
88.6% 361.8%
100% 423%
113% 685%
127.2% 1109%
5
RECIPROCAL RATIOS
RETRACEMENT PROJECTION/EXTENSION
0.236 4.23
0.50 2.0
0.618 1.618
0.707 1.414
0.786 1.272
0.886 1.13
1.0 2.0
6
2
HARMONIC
PATTERNS
HARMONIC MASTERY
BULLISH BAT ELEMENTS
A 0.382 - 0
.886 C
XA RETRACEMENT: 0.382 - 0.50
XA RETRACEMENT: 0.886
86 C
A 0.382 - 0.8
8
BEARISH GARTLEY ELEMENTS
X
0.786
XA RETRACEMENT: 0.618
0.6 D
18 B B POINT TOLERANCE +/- 3%
8
- 1.61
1.13 AB RETRACEMENT: 0.382 - 0.886
XA RETRACEMENT: 0.786
X XA RETRACEMENT: 0.786
.24
B -2 B POINT TOLERANCE +/- 3%
18
0.786 1.6
AB RETRACEMENT: 0.382 - 0.886
XA PROJECTION: 1.272
9
BULLISH CRAB ELEMENTS
A 0.382 - 0
.886
C
XA RETRACEMENT: 0.382 - 0.618
NO DEFINED TOLERANCE
ALTERNATE AB=CD
1.618
D
1.618
XA RETRACEMENT: 0.382 - 0.618
8 NO DEFINED TOLERANCE
X . 61
-3
8 AB RETRACEMENT: 0.382 - 0.886
0.38 B 61
2 - 0.6 2.
18 BC PROJECTION: 2.618 - 3.618
XA PROJECTION: 1.618
ALTERNATE AB=CD
86 C
A 0.382 - 0.8
X ALTERNATE AB=CD
1.13
D
10
BEARISH ALTERNATE BAT ELEMENTS
1.13 D
X
XA RETRACEMENT: 0.382
XA PROJECTION: 1.13
ALTERNATE AB=CD
86 C
A 0.382 - 0.8
1.618
D
1.618
.6 18
-3 XA RETRACEMENT: 0.886
B
X 2.0
0.886 AB RETRACEMENT: 0.382 - 0.886
XA PROJECTION: 1.618
86 C
0.382 - 0.8
A
11
BULLISH SHARK ELEMENTS
B
.618
X 1.13 - 1
0X RETRACEMENT: 0.382 - 0.618
(NOT REQUIRED FOR A VALID
FORMATION)
0
0.886 - 1.13 C
0B RETRACEMENT/PROJECTION:
0.886 - 1.13
X 1.13
- 1.6
18
B
0.786
X
12
BEARISH CYPHER ELEMENTS
X
0.786
0.3
82 D
-0 B XA RETRACEMENT: 0.382 - 0.618
.61
8
AB EXTENSION: 1.272 - 1.414
BC PROJECTION NOT REQUIRED
13
BULLISH AB=CD ELEMENTS
A
AB RETRACEMENT: 0.382 - 0.886
0.382 C BC PROJECTION: 1.13 - 2.618
- 0.88
6
BC PROJECTION IS A COMPLEMENTARY
MEASUREMENT (DEFINED BY THE
RETRACEMENT RATIO)
TIME E.G. 0.618 RETRACEMENT = 1.618
1.13 - PROJECTION (RECIPROCAL RATIO)
2.618
B
AB=CD COMPLETION IS DEFINED BY
EQUIDISTANT PRICE SEGMENTS
D
14
BULLISH ALTERNATE AB=CD ELEMENTS
AB=CD 1.618 D
AB=CD 1.272
AB RETRACEMENT: 0.382 - 0.886
AB=CD
B AB=CD COMPLETION IS DEFINED BY THE
100% EXTENSION MEASUREMENT
TIME
0.382 AB PROJECTION: 1.13 - 3.618
- 0.886 D
BC RETRACEMENT: 0.382 - 0.886 (DEFINED
BY THE PROJECTION RATIO)
15
BULLISH THREE DRIVES
0.61
8-0
.786 A
0.61
8 - 0.7 B
86
RY
ET
M
M
SY
1.272
1 - 1.61
8
1.272
2 - 1.61
8
ELEMENTS
16
BEARISH THREE DRIVES
8
2 - 1.61
1.272
1 -1 .618
1.272
SY
M
ME
TR
0.786
Y
-
0.618 B
- 0.786
0.618 A
ELEMENTS
17
4
ADVANCED
STRATEGIES
HARMONIC MASTERY
BULLISH BAMM
X
0.886
D
0.3
82
-0 2. 618 BAMM TRIGGER
.50 18-
1.6
B
CLOSE ABOVE
B POINT
RESISTANCE
C
.88 6
0.382 - 0
A
BEARISH BAMM
A
0.386 - 0
.886
C
CLOSE BELOW B
POINT SUPPORT
B 1.61
0 8
- 0.5 - 2.
618
2
0.38 BAMM TRIGGER
D
0.886
X
19
BULLISH AB=CD BAMM
D
8
- 2.61 BAMM TRIGGER
1.13
B
TIME
CLOSE ABOVE
B POINT
RESISTANCE
- 0.886 C
0.382
0.382 - 0 C
.886
CLOSE BELOW B
POINT SUPPORT
TIME
B
1.13
- 2.61 BAMM TRIGGER
8
20
RSI BAMM BULLISH SIMPLE CONFIRMATION
A
0.382 - 0
.886
C
B 1.61
0 8
- 0.5 - 2.
618
82
0.3
D
0.886
X
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
21
RSI BAMM BEARISH SIMPLE CONFIRMATION
X
0.886
D
0.3
82 618
-0
.50 8 - 2.
.6 1
1
B
C
.886
0.382 - 0
A
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
22
RSI BAMM BULLISH COMPLEX CONFIRMATION
A
0.382 - 0
.886
C
B 1.61
0 8
- 0.5 - 2.
618
2
0.38
D
0.886
X
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
23
RSI BAMM BEARISH COMPLEX CONFIRMATION
X
0.886
D
0.3
82 618
-0
.50 8 - 2.
.6 1
1
B
C
.886
0.382 - 0
A
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
24
RSI BAMM BULLISH SIMPLE DIVERGENCE
A
0.382 - 0
.886
C
B 1.61
0 8
- 0.5 - 2.
618
82
0.3
D
0.886
X
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
25
RSI BAMM BEARISH SIMPLE DIVERGENCE
X
0.886
D
0.3
82 618
-0
.50 8 - 2.
.6 1
1
B
C
.886
0.382 - 0
A
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
26
RSI BAMM BULLISH COMPLEX DIVERGENCE
A
0.382 - 0
.886
C
B 1.61
0 8
- 0.5 - 2.
618
82
0.3
D
0.886
X
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
27
RSI BAMM BEARISH COMPLEX DIVERGENCE
X
0.886
D
0.3
82 618
-0
.50 8 - 2.
.6 1
1
B
C
.886
0.382 - 0
A
OVERBOUGHT (70)
MINIMUM
RE-TEST @ 50
28
5
RISK
MANAGEMENT
HARMONIC MASTERY
BULLISH BAT BEARISH BAT
SL: > 1.13 (X TO A)
A X
C D
(A TO D)
TP 2: 0.618
B
(A TO D) TP 1: 0.382
B TP 1: 0.382 (A TO D)
TP 2: 0.618
(A TO D)
D C
X
SL: > 1.13 (X TO A) A
B TP 2: 0.618
D (A TO D)
X C
SL: BELOW X (RECOMMENDED
R:R MINIMUM 1:2) A
B
TP 2: 0.618
(A TO D)
X
D
C
SL: > 1.414 (X TO A)
A
30
BULLISH CRAB BEARISH CRAB
A SL: > 2.0 (X TO A)
D
C
(A TO D)
TP 2: 0.618
X
B (A TO D) TP 1: 0.382
TP 1: 0.382 B (A TO D)
X TP 2: 0.618
(A TO D)
D C
SL: > 2.0 (X TO A)
A
C D
X
(A TO D)
TP 2: 0.618
B
(A TO D) TP 1: 0.382
(A TO D)
TP 1: 0.382 B
TP 2: 0.618
(A TO D)
X
D
C
SL: > 1.272 (X TO A)
A
(A TO D)
TP 2: 0.618
X B TP 1: 0.382
(A TO D)
(A TO D)
TP 1: 0.382
B TP 2: 0.618
X (A TO D)
D
C
SL: > 2.0 (X TO A)
A
31
BULLISH SHARK BEARISH SHARK
1.13 SL: > 1.272 (0 TO B)
B
X (B TO C) 0.886 SL: > 1.13 (0 TO B)
0
TP 2: 0.886 C
TP 1: 0.50
A
A
TP 1: 0.50
C X TP 2: 0.886
0 0.886 SL: > 1.13 (0 TO B) (B TO C)
B TP 1: 0.382
(C TO D)
D
A TP 2: 0.618
(C TO D)
X
SL: BELOW X (RECOMMENDED
R:R MINIMUM 1:2) C
A D
D A
32
BULLISH AB=CD BEARISH AB=CD
A SL: ABOVE THE NEXT
PROJECTION RATIO
D
C (A TO D) B
TP 2: 0.618
TIME TP 1: 0.382
(A TO D)
(A TO D)
TIME TP 1: 0.382
TP 2: 0.618
(A TO D)
B
C
D
SL: BELOW THE NEXT
PROJECTION RATIO A
B TP 2: 0.618
(A TO D)
C
D
SL: BELOW THE NEXT
EXTENSION RATIO A
D
A
TIME
SL: BELOW THE NEXT
RETRACEMENT RATIO
B C POINT TP
33
BULLISH THREE DRIVES
B
RY
ET
TP 2: 0.618
M
M
SY
MEASUREMENT BASED
ON ENTIRE PATTERN
TP 1: 0.382
3
SL: BELOW THE NEXT PROJECTION RATIO
1
TP 1: 0.382
MEASUREMENT BASED
ON ENTIRE PATTERN
SY
MM
E
TP 2: 0.618
TR
Y
34
BULLISH BAMM
X
D POINT TP
BAMM TRIGGER
BEARISH BAMM
A
BAMM TRIGGER
D POINT TP
X
35
BULLISH AB=CD BAMM
D POINT TP
BAMM TRIGGER
B
TIME
SL: BELOW SUPPORT
TIME
B
BAMM TRIGGER
D POINT TP
36
3
PATTERN
INDEX
FIBONACCI RATIO
ALIGNMENTS FORMING
WITHIN A VERY CLOSE
PROXIMITY PROVIDING
IDEAL FORMATIONS
HARMONIC MASTERY
BULLISH BAT BEARISH BAT
A X
0.786 0.886
C
D
0.5
0 B
2.0
2.0
0 B
0.5
D
X 0.886 0.786 C
A
0.5
0 B
2.0
2.0
0 B
0.5
D
X 0.886 0.707 C
A
38
BULLISH BAT BEARISH BAT
X
A 0.618 0.886
C D
0.5
0 B 4
2.2
2.2
0 B 4
0.5
D
X 0.886 0.618 C
A
0.5
0 B 18
2.6
2.6
0 B 18
0.5
D
X 0.886 0.5 C
A
39
BULLISH BAT BEARISH BAT
A X
0.886 0.886
C
D
0.3
82 B 18
2.6
2.6
2 B 18
0 .38
D
X 0.886 0.886 C
A
0.3
82 B 18
2.6
2.6
2 B 18
0.38
D
X 0.886 0.786 C
A
40
BULLISH GARTLEY BEARISH GARTLEY
X
A 0.886 0.786
C
D
0.6
18 B
1.272
1.272
18
0.6 B
D
0.786 C
X 0.886
A
1.272
0.618 B
D
0.786 C
X 0.786
A
41
BULLISH GARTLEY BEARISH GARTLEY
X
A 0.707 0.786
C
D
0.6
18 B
1.414
1.414
18
0.6 B
D
0.786 C
X 0.707
A
0.786 C
X 0.618
A
42
BULLISH BUTTERFLY BEARISH BUTTERFLY
A D
0.618 1.272
C
X
B 2.0
0.786
0.786 2.0
B
X
1.272 C
D 0.618
A
0.786 2.2
B 4
X
1.272
D 0.50 C
A
43
BULLISH BUTTERFLY BEARISH BUTTERFLY
A D
0.382 1.272
C
X
18
0.786 B 2.6
0.786 2.6
B 18
1.272 C
D 0.382
A
X
14
3.
0 .618 3.1 0.61 B
B 4 8
1.618
C
D A 0.707
44
BULLISH CRAB BEARISH CRAB
A D
0.618
C
1.618
X
8
61
8 3.
0.61 3.6 0.61 B
B 18 8
1.618
C
D 0.618
A
X
6 18
3.
0.50 3.6 0.50 B
B 18
1.618
0.886 C
D A
45
BULLISH ALTERNATE BAT BEARISH ALTERNATE BAT
D
A 0.886 1.13
C
X
2 0.3 14
8 B 3.1 3.
0.3 4 8 2 B
X
1.13
D C
A 0.886
0.3 18
82 B 3.6 3.
6
0.3 1 8
82 B
X
1.13
D C
0.786
A
46
BULLISH ALTERNATE BAT BEARISH ALTERNATE BAT
D
A 0.707 1.13
C
X
8
2 3.6 0.3 61
0.3
8 B
1 8 2 B 3.
8
X
1.13 C
D
A 0.707
2 0.3 23
8 B 4.2 4.
0.3 3 82 B
X
1.13 C
D
A 0.618
47
BULLISH DEEP CRAB BEARISH DEEP CRAB
A D
0.786
C
1.618
X B 2.0
0.886
0.886
B 2.0
X
1.618
C
D 0.786
A
4
X B 2.2
0.886
0.886
B 2.2
4
X
1.618
D 0.707 C
A
48
BULLISH DEEP CRAB BEARISH DEEP CRAB
A D
0.50
C
1.618
1 8
X B 2.6
0.886
0.886
2.6
B 18
X
1.618
C
D A 0.50
4
X B 3.1
0.886
0.886
B 3.1
4
X
1.618
C
D A 0.382
49
BULLISH SHARK BEARISH SHARK
B C
X 1.272 0 1.13
0.6 A 18
18
1.6
1 8 1.6
0.6 A 1 8
X
0 1.272
1.13 C
B
0B = 1.13 / AB = 1.618
0.5 A
0 2.0
0 2.0
0.5 A
X
0 1.272
1.13 C
B
0B = 1.13 / AB = 2.0
50
BULLISH SHARK BEARISH SHARK
B 0
X 1.272 0.886
C
0.5
A 18
1.6 1.6
0 A 1
0.5 8
C X
1.272
0 0.886
B
0B = 0.886 / AB = 1.618
0.3 A 4
82 2.2
82 2.2
0.3 A 4
X
0 1.618
1.13 C
B
0B = 1.13 / AB = 2.24
51
BULLISH SHARK BEARISH SHARK
B 0
X 1.272 0.886
C
0.3
82 A
2.0
82 A 2.0
0.3
C X
1.272
0 0.886
B
0B = 0.886 / AB = 2.0
18 B
0.6
A
D
1.2
72
0.786
X C
XC = 0.786 / BC = 1.13
52
BULLISH CYPHER BEARISH CYPHER
C X
0.786
2
A 1.27
D
0.5
B
B
0.5
A
D
1.2
7 2
0.786
X C
XC = 0.786 / BC = 1.272
82 B
0.3
D A
1.4
14
0.786
X C
XC = 0.786 / BC = 1.414
53
BULLISH 5-0 BEARISH 5-0
B
C
0 X 1.618
OX
=0
.61 0.5
8 0/
8 0.6
A 1.61 18
D
8 D
0 .61 A 1.6
0/ 18
0.5 18
0.6
=
OX
X 1.618 0 C
B
0.5
0
A 2.0 D
D A 2.0
0
0.5
X C
1.13
B 0
54
BULLISH 5-0 BEARISH 5-0
B
C
0 X 1.618
4 0.5
A 2.2 0
D
D
0 A 2.2
0.5 4
X 1.618 0 C
B
TIME
2.618
B 0.382 C
D A
55
BULLISH AB=CD BEARISH AB=CD
A D
B
0.44 C 2.24
TIME
TIME
2.24 0.44
B C
D A
TIME
2.0
B 0.5
C
D A
56
BULLISH AB=CD BEARISH AB=CD
A D
B
0.618 C 1.618
TIME
TIME
1.618
B 0.618 C
D A
TIME
1.414
B 0.707 C
D A
57
BULLISH AB=CD BEARISH AB=CD
A D
B
0.786 C 1.272
TIME
TIME
1.272
B 0.786 C
D A
TIME
1.13
B 0.886 C
D A
58
BULLISH ALTERNATE AB=CD BEARISH ALTERNATE AB=CD
A 2.24 / 2.618 /
3.14 / 3.618
C AB=CD
B
B
AB=CD
2.24 / 2.618 /
3.14 / 3.618 A
C AB=CD
B
B
AB=CD
2.0
A
C AB=CD
B
B
AB=CD
1.618
A
59
BULLISH ALTERNATE AB=CD BEARISH ALTERNATE AB=CD
A
1.414
C AB=CD
B
B
AB=CD
1.414
A
C AB=CD
B
B
AB=CD
1.272
A
C AB=CD
B
B
AB=CD
1.13
A
60
BULLISH RECIPROCAL AB=CD BEARISH RECIPROCAL AB=CD
C B
TIME
A 0.382
2.618 / / 0.44 D
2.24 / 3.618
3.14 /
2.24 /
0.44 D 3.14 / 2.618 /
0.382 / A 3.618
TIME
B C
TIME
A 0.50
2.0 D
D
0.50 2.0
A
TIME
B C
TIME
A 0.618
1.618 D
D
0.618 A
1.618
TIME
B C
61
BULLISH RECIPROCAL AB=CD BEARISH RECIPROCAL AB=CD
C B
TIME
A 0.707
1.414 D
D
0.707 A
1.414
TIME
B C
TIME
A 0.786
1.272 D
D
0.786 A
1.272
TIME
B C
TIME
A 0.886
1.13 D
D
0.886 A
1.13
TIME
B C
62
BULLISH THREE DRIVES
0.61
8 A
0.61 B
8
RY
ET
M
M
SY
1 1.618
2 1.618
2 1.618
1
1.618
SY
MM
E
TR
Y
0.618 B
0.618 A
63
BULLISH THREE DRIVES
0.78
6 A
0.78 B
6
RY
ET
M
M
SY
1 1.272
2 1.272
2 1.272
1
1.272
SY
MM
E
TR
Y
0.786 B
0.786 A
64