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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 ...
Either a bearish reversal may follow or gold breaks through the price level to continue higher. ABCD Pattern Targets 2,091 The first target from the rising ABCD pattern is at 2,091.
An ABCD chart formation gets its name from the distinct line it traces, whose peaks and valleys constitute the A, B, C and D points. You can see an example of the pattern in this chart for Eltek Ltd.
Gold stalled near trend highs today following a brief new record high of 2,305 reached earlier in Thursday’s trading session. It is on track to close in the red for the day but retains a series of ...
Gold surged to a new record high of $3,675 before encountering resistance at ABCD targets, suggesting a possible pullback and test of support zones around $3,537.
EURCAD finally completed ABCD pattern in daily timeframe: I expect it now to retrace a little bit and the target would be 1.3600 at 38.2 fibo retracement, but the Flag pattern indicates that the pair ...
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