Abcd - Continuation Designing ( Cost Activity Trading )
"ABCD" is non a continuation blueprint ( our D entry could last or not, inwards the direction of the tendency ). But if nosotros meet it similar this ( or merchandise it similar this ) we'll location it before as well as nosotros won't brand confusion betwixt this as well as 1-2-3-4 reversal pattern.
So on the counter tendency ABCD pattern, nosotros volition convey AB = CD as well as nosotros buy/sell D ( tendency direction ).
Ideal ABCD is similar this:
Special instance 1:
When AB as well as CD is inwards the direction of the tendency ( as well as also a powerful trend's impulse ), nosotros mightiness notice that AB CD.
So on the tendency direction ABCD pattern, nosotros tin notice that CD = 127.4% from AB ( as well as thence non equal inwards pips ) as well as nosotros buy/sell D ( equally a counter tendency direction ).
Practicing this patterns trading piece combined amongst 1-2-3-4 reversal pattern, yous volition meet that these two strategies combined amongst fibs is all that yous postulate most of the time.
* Special instance 2: We volition written report this inwards "Advanced Strategies".
ABCD Trading Strategy.
Lets tell nosotros had the novel tendency confirmation ( using 1-2-3-4 blueprint ) as well as larn the profits betwixt the 2-4 distance. Now nosotros tin expect afterward ABCD ( inwards the direction of the trend/counter tendency ).
1. Bought on BO of two ( using 1-2-3-4 )
2. TP @ four ( using 1-2-3-4 )
3. Use iii equally A, four equally B
4. C= 61.8% from AB ( nosotros could purchase hither using PO for fibonacci strategy No 2 )
5. As nosotros going long, nosotros institute out that AB=CD (and TP for our purchase trammel =161.8 % from BC = D)
6. Sell D
7. TP for ABCD = 61.8% from CD.
In this nautical chart nosotros meet that nosotros won two profits from trading 1-2-3-4 as well as ABCD. Now nosotros tin search for but about other entries ( inwards the direction of the tendency or counter tendency ).
Not longer than 1 swing farther nosotros location something that got our attending again: a powerful retracement that could shape AB ( inwards the direction of the tendency ):
* We also could of sold our B equally a 50% retracement from previous traded swing ( equally ABCD ), but that would convey been a counter tendency position as well as nosotros volition utter close it on our "Advanced Strategies".
** Also: C is failing to BO lower than 78.6% (yellow fibonacci, candle unopen higher upwards - inwards instance nosotros merchandise manually). But nosotros would've bought amongst PO the 61.8%, amongst SL = previous LL (A).
Now, nosotros convey ABC formed:
1. We notice that D = 127.4% from BC ( especial instance ) - nosotros tin purpose a TL as well as merchandise it equally BO of TL
2. Sell D
3. TP = 61.8% from CD. (olive fibonacci)
Practicing this yous volition notice out that B is sometimes solely 50% from AB, or TP is solely 50% from CD.
Never the less this pattern, similar I said before, is 1 of the most powerful tool along the 1-2-3-4 blueprint as well as of course of written report Fibonacci retracement tool.
Best regards,
^^_Lord_Ice_^^
So on the counter tendency ABCD pattern, nosotros volition convey AB = CD as well as nosotros buy/sell D ( tendency direction ).
Ideal ABCD is similar this:
Special instance 1:
When AB as well as CD is inwards the direction of the tendency ( as well as also a powerful trend's impulse ), nosotros mightiness notice that AB CD.
So on the tendency direction ABCD pattern, nosotros tin notice that CD = 127.4% from AB ( as well as thence non equal inwards pips ) as well as nosotros buy/sell D ( equally a counter tendency direction ).
Practicing this patterns trading piece combined amongst 1-2-3-4 reversal pattern, yous volition meet that these two strategies combined amongst fibs is all that yous postulate most of the time.
* Special instance 2: We volition written report this inwards "Advanced Strategies".
ABCD Trading Strategy.
Lets tell nosotros had the novel tendency confirmation ( using 1-2-3-4 blueprint ) as well as larn the profits betwixt the 2-4 distance. Now nosotros tin expect afterward ABCD ( inwards the direction of the trend/counter tendency ).
1. Bought on BO of two ( using 1-2-3-4 )
2. TP @ four ( using 1-2-3-4 )
3. Use iii equally A, four equally B
4. C= 61.8% from AB ( nosotros could purchase hither using PO for fibonacci strategy No 2 )
5. As nosotros going long, nosotros institute out that AB=CD (and TP for our purchase trammel =161.8 % from BC = D)
6. Sell D
7. TP for ABCD = 61.8% from CD.
In this nautical chart nosotros meet that nosotros won two profits from trading 1-2-3-4 as well as ABCD. Now nosotros tin search for but about other entries ( inwards the direction of the tendency or counter tendency ).
Not longer than 1 swing farther nosotros location something that got our attending again: a powerful retracement that could shape AB ( inwards the direction of the tendency ):
* We also could of sold our B equally a 50% retracement from previous traded swing ( equally ABCD ), but that would convey been a counter tendency position as well as nosotros volition utter close it on our "Advanced Strategies".
** Also: C is failing to BO lower than 78.6% (yellow fibonacci, candle unopen higher upwards - inwards instance nosotros merchandise manually). But nosotros would've bought amongst PO the 61.8%, amongst SL = previous LL (A).
Now, nosotros convey ABC formed:
1. We notice that D = 127.4% from BC ( especial instance ) - nosotros tin purpose a TL as well as merchandise it equally BO of TL
2. Sell D
3. TP = 61.8% from CD. (olive fibonacci)
Practicing this yous volition notice out that B is sometimes solely 50% from AB, or TP is solely 50% from CD.
Never the less this pattern, similar I said before, is 1 of the most powerful tool along the 1-2-3-4 blueprint as well as of course of written report Fibonacci retracement tool.
Best regards,
^^_Lord_Ice_^^
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