In this video, pattern trading expert Suri Duddella shows us how to trade the A-B-C pattern. Suri is the author of Trade Chart Patterns Like the Pros.
You’ll learn some characteristics about pattern trading, get an overview of the A-B-C pattern, then see a trade example using the E-Mini S&P futures contract.
The A-B-C Chart pattern is a prime example of symmetry in the markets. Using Fibonacci factors, and based on the A-B-C point locations, a hierarchy of profit targets can be set.
Symmetry also extends to time. The combined length of time from A-B, and then B-C, can be projected forward as the time frame for pattern completion.
Price and time projections provide potential target zones to manage trades.
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