Description
⋅ the detail is shown in the above Idea.
The ABCD pattern is important to traders for a number of reasons:
- Traders can use it to identify trading opportunities in various markets, in any market condition on any timeframe
- It is the basis of all other patterns.
- It can be used to weigh the risks versus rewards before making a trade.
NAS100 is approaching to the golden line in the ABCD pattern.