Day trading is all about recognizing patterns in stock charts, and no concept is more important for new traders to learn than ABCD pattern trading. This pattern ...
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 ...
Natural gas continues to retrace its previous gains, falling to a 2.59 low on Thursday, and thereby dropping below last week’s low of 2.62. Also, it is on track to close below last week’s low as of ...
A rising ABCD pattern has been added to the chart that starts the C leg at the low from two weeks ago. If the ABCD pattern hits its target as contemplated, natural ...
That price zone is also marked as the initial 100% projection for a rising ABCD pattern. Since two indicators are marking the same spot, it may act like a magnet and pull price to it, strengthening ...
As I write this, I’m in the process of packing up for a week’s vacation in Italy. That packing, of course, includes my mobile trading station. I’m hoping to lose some of the weakness we’ve experienced ...
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