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RE: The Harmonic AB=CD Pattern + Fibonacci - Crypto Academy / S4W2 - Homework Post for Professor @lenonmc21

Greetings @akbarsanjani. Thank you very much for participating in my class for season 4 (week 2), in the "SteemitCryptoAcademy ".

ParametersRating
Presentation Style (Markdown Usage)1.5/2
Quality of Content (Mastery of Subject Matter)1.5/2
Spelling and Grammar (Writing Fluency)2.5/2
Originality1.5/2
Practical Approach1/2
Total7.5/10

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Remarks:

  • Presentation: Your presentation was good, the structure and format you used were neat, the text separators should be a little wider to be better observed and better divide each of the sections of the task, in addition to providing a high quality visual tractive. Your cover image is not quite right, you should always try to direct it to the topic we are dealing with in the assignment, no matter how basic it is.

  • Spelling and Grammar: Your writing is good, it has fluency and coherence which is very important, you write very well and I really don't see any mistakes. Good job.

Theory

  • Question 1: Your definition was good, you missed some details to cover, but I know you understand what harmonic trading means and how the market is practically fractal.

  • Question 2: Your definition of the AB=CD pattern was good, since you considered some of the most important points to keep in mind about the formation of the pattern. In addition, you clearly described everything that must be taken into account in order to identify such a pattern and for it to be valid.

  • Question 3: Your criteria described for the bearish pattern was good, but you did not cover both directions of the market.

Practice

  • Question 1: Your examples and simulated trades were good, but you should have also pointed out the confirmations of these patterns using Fibonacci retracements as requested in the question, remember that this was the practical phase and it is important that you do it thoroughly, the idea of all this is that you learn.

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