The ABCD Pattern is a very simple pattern that you exploit to generate easy profits.
Why easy profits?
Because when you are able to recognize the ABCD Pattern, it’s extremely likely that your trade will reach the Take-Profit level.
Moreover, you cannot make a mistake when you set the Take-Profit level.
Because in an ABCD Pattern, you will trade the CD movement…
and since you already know the AB and BC movements, you can easily set the Take-Profit level and be sure that it is correct!
In the trade discussed below, you can learn with a real trading example on Apple Stock how to Recognize and Trade the ABCD Pattern (also referred as a 1-2-3 movement).