CoinObservatory

XABCD Scanner

XABCD Scanner for TradingView

These bullish and bearish 5-point patterns are based on various Fibonacci retracement levels and signify potential reversal zones (PRZ).
As they become 80% complete, the dashed-line pattern will appear, displaying the PRZ and giving you time to prepare for a reversal.

Different combinations of specific fib retracements and extensions result in different patterns, and each is named for identification.
  • Bullish patterns signify a potential turn to the upside are colored green.
  • Bearish patterns signify a potential turn to the downside are colored red.

9 popular patterns are currently recognized.
XABCDs can be applied to all markets: crypto, forex, commodities , indices, etc.


For access, please visit the link in our Signature below, or shoot us a PM.
Release Notes:
Updated to give a clearer signal of where the pattern completes.
Release Notes:
FEB 2020 UPDATE:

Now includes take-profit targets and stop-loss guidelines on chart!
Anticipates and projects more patterns as they are forming.

See our signature below for access.
Release Notes:
You can now set alerts on XABCD Scanner's signals.

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For access to our TradingView scripts, visit us at
https://linktr.ee/coinobs
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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