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Thread: How to trade ABCD pattern successfully

  1. #1
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    How to trade ABCD pattern successfully

    Attached pictures present ABCD bullish and ABCD bearish patterns.






  2. #2
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    dezire likes this.

  3. #3
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    hi, i'm really new in harmonic pattern......
    for this pattern, it is must be in fibo 61.8/78.6 for point C? and 127.2/161.8 for point D?
    how come if, cs pass over that fibo but not touch fibo example 70.8? it is can calculated for point C?
    what i mean, it is must exactly touch that fibo number?
    sorry for this question?

  4. #4
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    any suggestions on where you place stops on abcd pattern or 121 pattern?

  5. #5
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    any suggestions on where you place stops on abcd pattern or 121 pattern?
    its tricky, for ideal symmetrical AB=CD u can put SL on 1.27AB, but when price is moving faster towards PRZ pattern can complete on alternative level of 1.27AB in this case you can put SL on 1.618AB

  6. #6
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    I found it interesting that in Larry Pasevento's book, he references that point D is actually the extension of AB. Yet, in both of Scott Carney's book, and in the majority of what you find online regarding harmonics, the more popular interpretation favors the BC extension. What do you guys think? Generally speaking the two points are in the general vicinity, but I just found it odd that such a basic fundamental principle in harmonics would differ between them.
    kor4x likes this.

  7. #7
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    Hi

    1. For AB= CD bearish pattern can the A point be above the D point like the picture as we have on gbpusd h4 (korharmonics)

    How to trade ABCD pattern successfully-capture.png


    2. Also on audusd H4 we have an AB=CD bullish with A under C. is it correct?
    How to trade ABCD pattern successfully-capture2.png

    3. The D point is it the AB or BC projection? (I read what is wrote above but what is the common rule)

    Thank you for your answers.
    Last edited by winner22; 02-01-2013 at 01:09 PM.

  8. #8
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    ad1. answer is No. In the first posts in this thread you have the possible ABCD patterns explained/presented.
    btw: this should not be AB=CD pattern from korHarmonics, attach full screenshot, in the left upper corner you have the pattern names.

    ad2. again answer is No. What the picture presents is the 121 pattern. 121 / One2One patterns are presented here: 121 - table of content

    ad3. D point in harmonic patterns is positioned on the Fibonacci cluster/confluence - measurements from different points. Check the sections for Harmonic patterns, it's presented there. Check also about the Potential Reversal Zone (PRZ) -> Constructing Potential Reversal Zone

    hope it helps.

  9. #9
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    Do you wait for price to commit to a reversal before you enter into a trade especially in strong markets and the abcd pattern?

  10. #10
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    what does it mean for you "price to commit to a reversal"? please give an example.

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