Sunday, July 23, 2017

The ABCD Trading Pattern

August 4, 2014 by  
Filed under Trading Tools

The ABCD pattern is one of the classic chart patterns which is repeated over and over again. It starts out with an AB leg, then retraces to C to a Fibonacci level of 0.382, 0.500, 0.618, 0.764, 0.86, then it continues to a Fibonacci exension level D – mostly 1.27 or 1.618. As a rule, […]