sitwala25

Bullish ABCD Pattern

Long
NYSE:AMC   AMC Entertainment
A bullish ABCD pattern Follows a Downtrend and means that a reversal to the upside is likely.
AB(time&distance) = CD(time&distance)

There are many cases when the market reversed after AB=CD pattern Going beyond point A.

My Megaphone pattern TA did not work out as it broke further downside

Not a financial advice
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.