How to trade ABCD Harmonic Pattern

The AB=CD or 'lightning bolt pattern‘ Harmonic Pattern AB=CD is a reversal pattern that helps you identify when the price is about to change direction AB=CD pattern is a four point harmonic pattern which may be considered the developmental basis for other harmonic patterns. A-B leg when a market is trending upwards, the first leg (A-B) is formed as the price rises/fall  from A to B. B-C leg

Posted in: Technical Analysis