شراء
SUNW: Double ABCD pattern? is that a thing?

SUNW on the 1 hr chart.
I think I see SUNW going from a descending ABCD pattern immediately into an ascending ABCD pattern.
The last point that could be the second "D" is already above its "B" point.
Not sure if I am wrong or the pattern I am seeing is called something else, but any input would be greatly appreciated.
I made a couple fibs (2 extensions and 1 retracement) to get an idea of the potential PT areas.
It looks like 0.75 - 0.90 is a reasonable range to look at.
If its end point is in that area, I think it is definitely a second ABCD pattern
Let's see what happens!
I think I see SUNW going from a descending ABCD pattern immediately into an ascending ABCD pattern.
The last point that could be the second "D" is already above its "B" point.
Not sure if I am wrong or the pattern I am seeing is called something else, but any input would be greatly appreciated.
I made a couple fibs (2 extensions and 1 retracement) to get an idea of the potential PT areas.
It looks like 0.75 - 0.90 is a reasonable range to look at.
If its end point is in that area, I think it is definitely a second ABCD pattern
Let's see what happens!
ملاحظة
It's a bearish butterfly and I was supposed to use the XABCD tool! LOL!So it looks like its gonna eat it after it hits that PT range?
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.