Here we are going to show the difference between traders who just draw a triangle and then label a false break compared to understanding what an ABC correction is. To remain a valid ABC pattern we should have 3 or 5 legs down to 4.
(Daily chart)
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This is how I'd analyze without ABC 123 abc nonsense.
Those ABC 123 abc nonsense seems to be from Elliot's / Idiot's.
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The Bunny ears into the cats tail set up.Advanced stuff!
This is how I'd analyze without ABC 123 abc nonsense.
Those ABC 123 abc nonsense seems to be from Elliot's / Idiot's.
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Excellent question.Why are you so hostile to learning?
If price time series are the only input to your mental model you are going to get destroyed by robots like it's a Terminator movie.