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In this article, we’ll break down the ABCD pattern, show you how to identify it on your charts, and provide actionable steps to incorporate it into your trading strategy.
The ABCD pattern strategy is a harmonic trading technique that involves identifying and trading a 4-wave structure that resembles a lightning bolt on the chart.
Almost every investor uses a pattern trading strategy to discover the next stock they want to invest in for their growing portfolio.
Last Friday silver retraced to a low of 29.12 to reach an extended downside target of 29.15 from a declining ABCD pattern. During Friday’s decline the prior ...