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Can Trading Be As Easy As ABCD?
Once you’ve spent a little time in the markets, you become familiar with the fact that markets are quick to consolidate after a trend. However, knowing when to jump back in the trend can be difficult to answer. The ABCD pattern takes the shape of a lightning bolt and is comprised of 3 distinct moves within specific Fibonacci relationships that can help you spot potential reversal zones so you can jump back in the direction of the overall trend. The AB=CD pattern is simple once you know how to spot it and draw the proper Fibonacci retracements. The AB=CD pattern is a price structure that is adapted from another ... (full story)
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