Ali Chmabers2024-03-13T22:38:26+00:00
It’s also the basis for a lot of other long patterns like the VWAP-hold, high-of-day break and the OTSwizzle. There are a number of combinations and permutations of the ABC pattern. In this case, the equity put in an extreme followed by an A from which a conservative long trade (first green arrow) could have been made. At B, the long would be exited and then re-entered at C (second green arrow).
To draw it correctly, wait for the top or...
