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Abcdchartpattern

KML - Daily TF, Technical AnalysisKML after the 10/1 split share price dropped from PKR 146.77 to 14.67 and then it continued its price drop due to profit booking. Historically, this SCRIP retraces to 50% Fib level before starting its next run for HH. At present, the price after retracing to 50% Fib level is almost maintaining 38~42% for the last 2 weeks consolidation. It may take even 1 to 2 weeks for once again going upwards but you never know it may go up even in one day as hidden bullish divergence has been observed on RSI. KVO is below zero level but its signal line (blue) is almost parallel to Klinger oscillator (green), suggesting slow transition but both lines are very close as well, therefore, any good news or bad news will give its immediate results. For trade consider buying at levels mentioned on the chart. ABCD harmonic pattern has been plotted to arrive to the TP-4.
PSX:KMLLong
by Golden_Spur
The ABCD Pattern: The Market’s Favorite Alphabet TrickIf the markets had a secret language, the ABCD pattern would probably be one of the first letters you’d learn. Clean, geometric, and surprisingly common, this formation has been studied for decades. In abcd pattern trading, it’s not about spelling words. It’s about spotting balance, symmetry, and rhythm in price movements. 📐 What Is the ABCD Pattern? Think of the ABCD pattern like a zigzag that markets often draw. It’s one of the simplest chart patterns in technical analysis because it shows how price usually moves in waves, not straight lines. Here’s how it works: A → B (Impulse Move): This is the first strong move, either up or down. In trading terms, it’s called an impulse leg — the market pushes in one direction with momentum. B → C (Correction): After a big push, the price takes a breather. This is the corrective leg. It doesn’t usually erase the whole move, just part of it. C → D (Continuation Move): Here’s the key: the price often makes another move, similar in size and angle to A → B. That’s why people say the ABCD has “symmetry.” So, when you connect the dots A-B-C-D, you get a neat geometric shape that traders call the ABCD trading pattern. ⚠️ But a warning straight away: no matter how perfect an ABCD looks on paper, it cannot be read in isolation. Without confirmation from other tools — volume, momentum indicators, or broader market context — it’s just a geometric doodle on your chart. 🟩 Bullish and Bearish Variants Like most patterns, ABCD has two moods. The bullish ABCD pattern shows up after a down-move, hinting that the market might be ready for a rebound. The bearish sibling often forms after an up-move, suggesting exhaustion. The structure doesn’t change — it’s always AB, BC, and CD — but the meaning depends on where it forms. In a bullish ABCD, sellers push the price down twice before running out of strength, and that’s when buyers often step in. In a bearish ABCD, buyers push the price up twice, but eventually lose momentum, giving sellers a chance to take over. So when you see an ABCD chart pattern, you’re not just connecting dots — you’re watching how buyers and sellers take turns, and where one side might finally give up control. 📊 Real Market Example Take Bitcoin in early 2021. After a powerful rally from around ~$14K to ~$42K, BTC corrected back to ~$29K before surging again to new highs near ~$64K. This sequence mapped cleanly into a textbook ABCD pattern: A → B: The rally into the ~$42K peak. B → C: The correction down to the ~$29K zone. C → D: A rebound to ~$64K, completing the mirrored leg. It wasn’t a trading signal on its own — far from it. However, when combined with fading momentum and volume divergence, the ABCD chart pattern provided a visual anchor for identifying exhaustion in what was becoming an overheated market. 🧩 Why the ABCD Pattern Still Matters The appeal of the abcd trading pattern lies in its simplicity. Markets are noisy, messy, and emotional. The ABCD strips that down to a geometric rhythm that even a beginner can spot. But here’s the catch: if you lean only on it, you’ll miss the bigger story. Professional analysts stress this constantly: the ABCD pattern works best as part of a toolkit. Pair it with Fibonacci retracements, moving averages, or support/resistance zones, and you’ll see how it fits into the wider puzzle. Alone, it’s just half a sentence. Together with other tools, it becomes part of the market’s story. 🎯 Final Thoughts So, what is the ABCD pattern? It’s not magic, not a guarantee, but a visual lens. Think of it as one of the market’s favorite ways of whispering: “Something’s happening here.” The trick is listening carefully and comparing it with the rest of the orchestra. Because in trading, and especially in crypto, a single instrument never plays the whole song.
Education
by WhiteBIT
1
Symmetry Hello awesome traders! Hope you’re having a great summer. I’ve been juggling a few projects and a little time off—but eyes always on the charts. Today: Ethereum showing a clean symmetry (equal-legs) bullish setup. Overview Pattern: Symmetry / AB=CD (equal-legs) bullish Context: Price printed D ≈ 4,047 and reclaimed momentum above 4,140, then based inside PCZ1. Bias: Bullish while holding/reclaiming the PCZ1 band. Key Levels PCZ1 (retest/reclaim zone): 4,204 – 4,329 Momentum line: 4,140 (hold above = bulls in control) Target 1: 4,652 (prior measured level on chart) Target 2 zone: 5,191 – 5,498 Trade Plan Primary long: 4H close above 4,329 (top of PCZ1) → look for continuation toward T1 4,652, then T2 5,191–5,498. Alternative long: Reactive buy on a retest/hold of 4,204–4,220 with a bullish rejection (wick + strong close back inside PCZ1). If PCZ1 rejects: Watch for a higher-low setup back near 4,260/4,220. Lose 4,140 on a 4H close → stand aside; deeper pullback to 4,080–4,050 possible. Risk Management Risk ≤ 1% per idea. Stops: Conservative below 4,120 (for PCZ1 retest entries) or below 4,040 (for deeper-pullback entries). Management: Scale at T1, trail to BE after ~1R, leave a runner toward T2 if momentum holds. Notes Structure stays valid while 4,140 holds on closing basis and price continues to respect PCZ1. Confirmation = clean 4H close and hold above 4,329 with rising momentum. @tradechartpatternslikethepros.
Long
by TradeChartPatternsLikeThePros
1
XAUUSD- Bearish AB=CD pattern at resistance zone!Timeframe:2H|Pattern: AB=CD| Bias: Bearish Reversal! Gold (XAUUSD) has completed a precise AB=CD pattern aligning perfectly with a strong resistance zone near 3340-3350 the symmetry of the harmonic pattern combined with historical rejection levels gives a strong signal for a potential downside move Trade setup idea: Sell entry: 3340-3350 target:1: 3300 target:2: 3260 risk reward: Favorable setup with harmonic confirmation.
OANDA:XAUUSDShort
by Resistance_King
4
EURUSD shortThe Setup: 1. A-B: Strong impulsive drop on increasing volume → clear evidence of real selling pressure. 2. B-C: Pullback forms on decreasing volume → classic corrective behavior, not buyer aggression. 3. C-D: Entry just below point C as new volume confirms sellers stepping back in. 4. Targeting >3R with stop tucked above C — logical structure, clean invalidation. ✅ Volume confirms the trend ✅ Structure is tight, no randomness ✅ Timing aligns with volatility spike (news at the bottom?) ✅ Clear bearish continuation pattern what do you think of this a head of cpi?
Short
by theeOperator90
1
AUDJPY pull back to FVG then LongAUDJPY Long Setup (Preliminary Plan) Target Levels: First Target: 94.300 Second Target: 94.800 Strategy: Looking for bullish price action (PA) confirmation around the highlighted Fair Value Gap (FVG). Expecting a possible breach of minor resistance on open, which may lead to a push toward the first target at 94.300. A pullback may follow after the first target is hit. Notes: This setup is preliminary and subject to adjustment. Live price action will be monitored before executing the trade.
Long
by SKA_CAPITAL
A Harmonic Pattern Entry Into A Potential Continuation TradeI don't look at Bitcoin often but when answering a question for another trader this weekend I stumbled across an interesting opportunity. Higher timeframe we've recently broken and closed above a previous high, allowing me to project that price is likely to continue higher. We've already started to retracement in the form of a complex pullback and if you look carefully on the lower timeframe this complex pullback as also created a bullish bat pattern which could be used as an entry. Please leave any questions or comments below Akil
BITSTAMP:BTCUSDLong
by Akil_Stokes