Educational 05: AB=CD Pattern

In this Educational post, I will be sharing the most basic and simple harmonic pattern: AB=CD Pattern

1. Formation of the Pattern
2. What to look in the pattern
3. Targets
4. Stoploss
5. Risk

This is a new series of Harmonic Patterns, where I shall be discussing about the below patterns:

1. AB=CD Pattern
2. Gartley Pattern
3. Cypher Pattern
4. Bat Pattern
5. Butterfly Pattern

The best part of the above mentioned patterns that they can be used in all markets and at any time frame. It means you can use the patterns in stock markets, Forex, Commodities and at any time frame like hourly, daily, weekly etc. Therefore, they are important tools when analyzing the charts.

Purpose: To provide information to traders community that can help individual trader to learn more and take inform decisions while trading in order to generate consistent positive results.

Practice the above said chart pattern and share it below with us.

Thanks,

Best Regards,

Neetesh Jain