if the difference in the fall is same then does this imply its a reversal scenario?
PawarPawan
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@Akashgoldy, Not always. It may extends. But ABCD at the bottom, shows that the owner of the company is going to be changed and new owner will/may change or boost the company. For the sake of safety use fib and SL, with small targets, when target achieve then extends to new target with new SL.
Remember one thing always => No pattern has 100% accuracy, They may EXTENDS further, either in down or in up side.
Akashgoldy
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@terzetto, thankyou dude. But can you tell me how its geloful to see 1d, 4hr chart to b trading in a 5 min. Whats the main principle?