Very Easy XABCD Pattern Trading Strategy | Consistent Results

[@awaragard-mu8mv]

Best book for chart patterns

[@RajeshKumar-mx2qk]

How do you determine point D in live market. It is easy to show in hindsight try drawing it in live market and prove a valid point D. That will really be useful learning othwerwise it is just academic in nature with no practical application.

[@terranceisom2244]

We set the tool to "predict" D-Point area and once price arrives near 0r@ D-point showing signs 0f reversing, we then take this "edge" with complete confidence. Basically putting the puzzle pieces together 💪🏽

[@forexbee]

You'll have to use the Fibonacci ratios to determine the point D. You can also confirm it with reversal candlestick patterns at that fibonacci golden zone.

[@terranceisom2244]

@@forexbee FIBs scare novices, it's best t0 predict D-point with previous highs/lows. XABCD-tool will let us know by design(shape) 😎

[@CarpetRepairs]

once one can determine the C pivot, it becomes a projection to go for the D point, one can trade the C to the D and then reverse to fulfill what I call the ABCD