The D point of the ABCD pattern should align with the Fibonacci extension levels of the pattern’s initial AB leg. It acts as a potential profit-taking and pattern-completion target from which a ...

In contrast, for a bearish three drives pattern, you would typically seek to enter a short position when the price reaches the completion of the third drive near the 1.272 Fibonacci extension of B ...

A 38.2% Fibonacci retracement completed at 2.60 today, while the next support area to watch is the 50% retracement at 2.51, followed by the 61.8% retracement at 2.42.

"For example, on a recent chart, we identified a Fibonacci retracement area near $495.36, and we were able to take the trade well up into the $510 area to complete an up wave ABCD pattern.

If that happens, natural gas will be on track to reach the completion of an ABCD pattern at 2.58. That price target is part of a larger potential resistance zone up to 2.62, the 61.8% Fibonacci ...

Fibonacci need not be difficult! This month fund manager and trading coach Andrei Pehar will share his popular ABCD pattern, which can easily be used to trade news ...

Nonetheless, a solid ABCD Fibonacci Extension Pattern has emerged which could possibly push the currency pair to the upside. In order to trade based on the pattern; we will need to know the basics. AB ...

A 38.2% Fibonacci retracement completed at 2.60 today, while the next support area to watch is the 50% retracement at 2.51, followed by the 61.8% retracement at 2.42.