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The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...
Learn the in's and out's of ABCD pattern trading. Every day trader needs to be able to recognize this pattern in active stocks.
While similar to the ABCD pattern, the three drives pattern includes an additional leg and utilizes Fibonacci extensions rather than retracements.
Given the long-term nature of this pattern, gold has reached a potential pivot level that could lead to a retracement and end the current sharp advance, at least for the near-term.
EURCAD finally completed ABCD pattern in daily timeframe: I expect it now to retrace a little bit and the target would be 1.3600 at 38.2 fibo retracement, but the ...
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