#abcdchartpattern

ABCD Pattern Extensions webpage is a webpage that teaches day or swing traders

and investors how to thoroughly master and trade like a pro the various

types of the ABCD chart patterns extensions.  In the end of this trading

material, one will know when and where ABCD chart pattern extensions

occur and most importantly trade them like a pro.

Be ready to master the ABCD pattern extensions now.

ABCD chart pattern extensions occur now that the price structure CD is

strictly superior to AB. The existing phenomenon characterises bullish dynamic

financials instruments in a strong market environment.

Although, core investors establish their initial exit price target at the point D

(where there is equality between CD and AB), the market sentiment becomes

greatly bullish as both the fundamentals and technical indicators align. The

same is likewise true for an expansive bearish ABCD as financials continue

to degenerate.

In regular conditions, financial markets are directional (imbalanced) throughout

an abcd extension. Certainly, either bulls or bears drive the momentum. Generally, bullish traders stay away during an extended bearish CD while

bearish dealers do not interfere with an extended bullish ABCD.

Extended ABCD chart pattern

Key points 1/ the retracement or pullback to C

is an occasion to buy as the financial instrument reveals a higher

low after an initial bullish wave.

Point C becomes a bullish trading zone (or gathering point)

to traders who responded.

2/ the rally (contra trend) or retracement

to C during a bearish ABCD is justly an enticement to sell after the prior bearish

impulsive progress.

3/ apart from the financials and market

sentiment that contribute to the extension, keen Fibonacci traders habitually set

their exit price targets at 214%, 238%, 261.80% and 314% Fibonacci extensions.

View chart

Image = Apple Inc stock (AAPL) on the monthly chart exhibiting

an ABCD pattern extension.

The green spot on the chart is the point A (mid 2004).

The red spot on the chart is the point B (start of 2008).

The blue spot on the chart is the point C (start of 2009).

The turquoise spot on the chart is the point D (end of September 2012).

Notice that the price action AB (green line) is strictly shorter than CD (orange line).

This is an ABCD pattern extension because AB is shorter than CD (there is

no equality between AB and CD price actions).

Learn to master the ABCD chart pattern extensions at