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Common Mistakes in ABCD Pattern Trading The biggest pitfall in ABCD pattern trading is seeing an ABCD pattern where there isn’t one. Active stocks that are subject to large swings over a short time ...
In this pattern, we’re anticipating a similar move in the CD leg that was seen in the AB leg. There is a match around 2.58, which is the initial target from the pattern.
As of today’s high, gold was up by 494 points or 27.3% from that low. Also, it was up by 372 points or 13.6% from the recent symmetrical triangle breakout day low from February 29.
"If Nifty manages to move above 24600 levels, then that could be a decisive upside breakout of bullish ascending triangle type pattern, which are uptrend continuation patterns. The short-term ...
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