Now harmonics are the new trend in technical analysis. I haven´t seen this subject in my CMT exams, but i guess it will be there soon.
The big question is to know if it works, and the answer is yes and no.
We have a tendency to memorize the charts that worked and seem to forget the ones that didn't, in the end it's all a matter of money management for the people who put the trades.
There will be the whipsaws or the noise to make your life harder, it's a part of the process as in all other patterns.
In the meantime, let's enjoy.
Thanks,
S.
Some upside here... by steveoliveira on TradingView.com
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