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 ...

Is a move lower from A The stock price moves higher from B but falls short of A The stock price drops lower than B It’s important to remember that you shouldn’t use the ABCD trading pattern in ...

The harmonic pattern of movement can apply in different market conditions that follow both bullish and bearing swings. With us, you can use the ABCD pattern trading to speculate on the movement of ...

The ABCD pattern was first identified and mentioned by H.M Gartley in his 1935 book “Profits in the Stock Market,” but it was later further popularized by the trader and author Scott Carney in ...

The double bottom pattern provides a minimum target of 24.06, just based on the pattern. You can see on the chart that a potential resistance zone from 23.52 to 23.59 would have to be exceeded first.

Nevertheless, the ABCD pattern is a great tool to keep in your back pocket, especially in stocks that have other strong characteristics like a good size float or a history of running.

Given the long-term nature of this pattern, gold has reached a potential pivot level that could lead to a retracement and end the current sharp advance, at least for the near-term.

Fibonacci need not be difficult! This month fund manager and trading coach Andrei Pehar will share his popular ABCD pattern, which can easily be used to trade news ...