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 ...
ABCD patterns are very effective if/when you learn how to apply it. Big institution traders do not trade in small lots. For them to make money they need traders on the wrong side of the market so when ...
Harmonic price patterns comprise another set of chart formations involving Fibonacci retracement and extension levels. The rule of thumb in trading these patterns is to wait for the entire formation ...