Teacher, for these shapes, should I look at the daily chart or the hourly chart? Additionally, when drawing Fibonacci lines, there will be both genuine breakouts and false breakouts; how can I distinguish between them?

The most popular harmonic patterns include:
1. ABCD Pattern
2. Butterfly Pattern
3. Bat Pattern
4. Crab Pattern
5. Gartley Pattern
6. Shark Pattern

These harmonic trading patterns are often used by some top traders to identify potential trading setups, with an average win rate of up to 78.7%. Due to the difficulty of learning harmonics, ordinary traders find it hard to get started. Today I will conduct a lesson on harmonic pattern values. 👇👇👇
1️⃣ ABCD Pattern
The ABCD (or AB = CD) pattern is undoubtedly the simplest of all patterns, consisting of three segments and four points.

First is the impulse segment (AB), then the corrective segment (BC), followed by another impulse segment (DC) moving in the same direction as the AB segment. By using the Fibonacci retracement tool on the AB segment, the BC segment should precisely reach 0.618. The length of the CD line should be equal to that of the AB line, and the time taken for the price to move from point A to point B should be equal to the time taken from point C to point D.