Is HTGM just full of ABCD patterns?
HTGM on the 1 hr chart. I swear this ticker is full of ABCD patterns!
I am learning to identify ABCD patterns, and i am hoping my observations are accurate here.
I see a large ascending ABCD pattern leading to a huge descending ABCD pattern.
At the bottom I see a small descending ABCD pattern, which appears to be starting its upward movement.
I have setup 2 fibs, extension and retracement, both showing potential PT range of 3.50-3.90 with 3.75 looking very doable.
Hopefully I am right because I entered this thing at 0.3094!
Let's see how it goes!
I am learning to identify ABCD patterns, and i am hoping my observations are accurate here.
I see a large ascending ABCD pattern leading to a huge descending ABCD pattern.
At the bottom I see a small descending ABCD pattern, which appears to be starting its upward movement.
I have setup 2 fibs, extension and retracement, both showing potential PT range of 3.50-3.90 with 3.75 looking very doable.
Hopefully I am right because I entered this thing at 0.3094!
Let's see how it goes!
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