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Discover what the ABCD chart pattern is and how to trade when you identify it. Learn how to identify the ABCD trading pattern.
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 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.
The Fibonacci levels are based on a retracement, and the extension of the ABCD pattern. In addition, the first and higher price zone also includes the 34-Day EMA.