NIFTY LEVL FOR COMING DAY$
The ABCD pattern is a popular intraday chart pattern used in technical analysis to predict potential price movements. Here’s a breakdown of the pattern:
A: The stock experiences a morning rally to a new high.
B: This is followed by a midday pullback and consolidation.
C: The stock forms a higher low and begins to grind up, breaking through the morning high.
D: Finally, the stock rallies to a new high of the day12.
This pattern helps traders identify entry and exit points, manage risk, and avoid chasing stocks during midday pullbacks. It’s particularly useful for spotting trend continuations or reversals depending on the context of the pattern2.
A: The stock experiences a morning rally to a new high.
B: This is followed by a midday pullback and consolidation.
C: The stock forms a higher low and begins to grind up, breaking through the morning high.
D: Finally, the stock rallies to a new high of the day12.
This pattern helps traders identify entry and exit points, manage risk, and avoid chasing stocks during midday pullbacks. It’s particularly useful for spotting trend continuations or reversals depending on the context of the pattern2.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.