AB=CD Pattern

By firmestudio
This pattern is actually in high reliability as the price action shows a pivotal sign in confluence to a 88.6% Fibonacci Retracement. Hidden bearish divergence on Fisher Transform oscillator which crossing on H1 reinforces the idea of a peak for this cycle. A 2nd target to watch @ 14.6%.
abcdchartpatternAB=CDcarneyFibonaccifibonaccianalysisFibonacci RetracementpivotaltradersPivot Pointspriceactionanalysisreversalpattern
firmestudio

Disclaimer