Smart_Money_Trader

Smart_Money_Trader

A Bearish AB = CD pattern will complete at the marked area

Smart_Money_Trader Updated 

A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. AB=CD pattern. AB=CD is a reversal pattern that helps you...

Smart_Money_Trader

Trading using channels and fib ratios my speculation is that that's how price will move but i won't be participating

Smart_Money_Trader Updated 

- Resistance retest at significant level - AB fib projection (200) inline with CD retracement of 50 level - Trend line retest

Smart_Money_Trader Updated 

Looks like price may be consolidating and consequently forming a Bullish Flag. the idea is to ride it down to the 127.2 fib extension then go bullish & TP at the resistance trendline or if price breaks at the marked target area.

Smart_Money_Trader

Price consolidating at the support level of the range, nice price is observable including; - Bullish flag that will complete the AB=CD (61.8 ABC retracement --> 161.8 BC extension) - Bullish Bat with 88.6 XABCD retracement at the base of the range - support level of the range highlighted with red bar tested multiple times (more visible on weekly time frame)

Smart_Money_Trader Updated 

Confluence on current price - Bullish AB=CD pattern complete at the supporting trendline of a bullish flag - Bullish Gartely Pattern complete

Smart_Money_Trader

cyclic indicator shows the completion of the pattern to be on the 9th of August, let's see what happens. AB=CD is a reversal pattern that helps you identify when the price is about to change direction. The idea is that you can buy when prices are low and about to rise or sell when they are high but about to fall.

Smart_Money_Trader

The ABCD pattern is an easy-to-identify chart pattern that consists of two equivalent price legs. It is a harmonic pattern that helps traders predict when the price of a stock is about to change direction. The pattern can be used to predict either a bullish or bearish reversal depending on the orientation.

Smart_Money_Trader Updated 

AB=CD pattern emerged.

Smart_Money_Trader Updated 

reciprocal ABCD forming

Smart_Money_Trader Updated 

AB-->CD pattern about to complete

Smart_Money_Trader Updated 

Observation

Smart_Money_Trader Updated 

Retest of Channel resistance

Smart_Money_Trader Updated 

price retests broken neck line

Smart_Money_Trader Updated 

ABCD pattern complete

Smart_Money_Trader

Channel Support test

Smart_Money_Trader

Bullish Shark, channel support