The ABCD trading pattern is one of the easiest harmonic patterns to recognise on a price chart, indicated by a four point movement. Learn how to trade when you ...

Once the ABCD pattern is identified on the exchange rate chart of a currency pair trading in the forex market, traders can use it to identify potential trading opportunities and initiate trades.

ABCD Pattern Targets 25.44 An ABCD pattern has been added to the chart showing the potential target from the pennant along with the pole (sharp rally before consolidation).

A rising ABCD pattern has been added to the chart that starts the C leg at the low from two weeks ago. If the ABCD pattern hits its target as contemplated, natural gas would be at 2.79.

The double bottom pattern provides a minimum target of 24.06, just based on the pattern. You can see on the chart that a potential resistance zone from 23.52 to 23.59 would have to be exceeded first.

GBP/USD completed an ABCDE triangle pattern (orange). This could mark the end of the wave 4 pullback and the restart of the uptrend. What is the next target?

Gold is moving sideways in a triangle chart pattern. The ABCDE waves (blue) are expected to be completed soon.