We all know the classic AB=CD but this reciprocal AB=CD is also a harmonic pattern.
It usually forms within a channel.
Right now we can see this textbook Reciprocal AB=CD pattern on AUDUSD-H1 chart.
We have a potential short setup on D point.
Trade with care!
It usually forms within a channel.
Right now we can see this textbook Reciprocal AB=CD pattern on AUDUSD-H1 chart.
We have a potential short setup on D point.
Trade with care!