ABCD pattern is a pure Fibonacci analysis and not a pattern as such, IMV. instead of giving fibo values etc, it is easy to just mention that by the pattern name. So, we need to look at the closeness of price with respect to fibonacci percentages. Thats all. There are a lot of good videos on youtube that show trading fibonacci in a very simple way. Hope this helps.
I really appreciate your zeal to learn new things. keep it up :)
7 comments:
Hi doji,
could you please tell me what is most necessary condition for a pattern to qualify as ABCD pattern.
Thanks
HELLO DOJI
How are you?
Doji, i want to ask u that is it possible to import live yahoo data into Amibroker making an application using ASP.NET technology for FREE
i asked this becz u r B.Tech Software Engineer also...
If yes then can u please provide me some material or help me in this any how
Thanks in Advance
Hi Renu,
ABCD pattern is a pure Fibonacci analysis and not a pattern as such, IMV. instead of giving fibo values etc, it is easy to just mention that by the pattern name. So, we need to look at the closeness of price with respect to fibonacci percentages. Thats all. There are a lot of good videos on youtube that show trading fibonacci in a very simple way. Hope this helps.
I really appreciate your zeal to learn new things. keep it up :)
-Doji
manoj, its possible and please search google for material.
OK DOJI
Thnks
very good site
Thanks tushar
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