Well before you went all crazy about this, this AB=CD isn't your regular harmonic pattern. I have this trading strategy that I said it's an assume but not assume technique.
First, we assume the equal distance retracement happens, which lag of better word I use AB=CD. The part that we don't assume is that we can't short it from C as the formation isn't complete.
The nice thing about this formation is that it lands on the demand zone within the buy zone. I'll treat it as a support and resistance trade and I've already long the pair with tight stop.
First, we assume the equal distance retracement happens, which lag of better word I use AB=CD. The part that we don't assume is that we can't short it from C as the formation isn't complete.
The nice thing about this formation is that it lands on the demand zone within the buy zone. I'll treat it as a support and resistance trade and I've already long the pair with tight stop.
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🧠 21yrs in trading
🚀 Get into our Discord to receive our live market analysis!
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🧑🏫Analysis now at Substack
🕒 Work 15mins to earn additional income
🏦 Qualify Financial Analyst within 90days
🎤 Keynote Speaker
🧠 21yrs in trading
🚀 Get into our Discord to receive our live market analysis!
discord.gg/AKDr9vPqH7
🕒 Work 15mins to earn additional income
🏦 Qualify Financial Analyst within 90days
🎤 Keynote Speaker
🧠 21yrs in trading
🚀 Get into our Discord to receive our live market analysis!
discord.gg/AKDr9vPqH7
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
