If you are manually trading .. The ABC pattern is a simple yet effective trading strategy that is based on identifying specific price patterns in a financial instrument's chart. The strategy is designed to help traders identify potential turning points in the market and make informed trading decisions. ![image.png](https://images.hive.blog/DQmTPRUwzpRcUuTjsonfEuJMPyEHPgQc7fvrh2DhuvJm1TC/image.png) Here is a simple trading strategy based on the ABC pattern: 1. Identify the ABC pattern on the chart: The ABC pattern is made up of three distinct price swings, labeled A, B, and C. Point A is the starting point of the pattern, point B is the retracement, and point C is the completion of the pattern. 2. Confirm the pattern: The ABC pattern is considered valid if point B is between 38.2% and 61.8% retracement of the move from point A to point C. Additionally, the move from point A to point C should be at least equal to the move from point A to point B. 3. Enter a long position at point C: Once the ABC pattern is confirmed, traders should enter a long position at point C, with a stop loss placed below point B. The target for the trade can be set at a Fibonacci extension level, such as the 161.8% or 261.8% level. 4. Enter a short position at point C: Alternatively, if the market is in a downtrend, traders can enter a short position at point C, with a stop loss placed above point B. The target for the trade can be set at a Fibonacci extension level, such as the 161.8% or 261.8% level. Here is the link to the indicator which you can use to help you chart out ABC patterns if you do not already know how. ##### https://www.tradingview.com/script/0SBnTaqJ-Trading-ABC/ Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bitrocker2020/trading-the-abc)
author | bitrocker2020 |
---|---|
permlink | trading-the-abc |
category | hive-167922 |
json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["crypto","teammalaysia","trading","leofinance"],"canonical_url":"https://leofinance.io/@bitrocker2020/trading-the-abc","links":["https://www.tradingview.com/script/0SBnTaqJ-Trading-ABC/"],"image":["https://images.hive.blog/DQmTPRUwzpRcUuTjsonfEuJMPyEHPgQc7fvrh2DhuvJm1TC/image.png"]} |
created | 2023-01-19 11:35:15 |
last_update | 2023-01-19 11:35:15 |
depth | 0 |
children | 0 |
last_payout | 2023-01-26 11:35:15 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 5.286 HBD |
curator_payout_value | 5.227 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 1,786 |
author_reputation | 969,274,323,148,771 |
root_title | "Trading the ABC" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 120,007,227 |
net_rshares | 19,778,455,454,908 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
nanzo-scoop | 0 | 176,258,893,417 | 50% | ||
mummyimperfect | 0 | 63,474,687,048 | 50% | ||
kevinwong | 0 | 267,154,286,993 | 35% | ||
ak2020 | 0 | 25,225,950,861 | 50% | ||
kaylinart | 0 | 1,875,922,711 | 20% | ||
emily-cook | 0 | 1,654,007,651 | 50% | ||
trevonjb | 0 | 2,060,198,705 | 40% | ||
gerber | 0 | 1,861,087,108 | 1% | ||
daan | 0 | 51,102,800,680 | 8% | ||
ezzy | 0 | 48,046,610 | 1% | ||
mrwang | 0 | 559,928,639 | 17.5% | ||
jeffjagoe | 0 | 242,502,585,947 | 24% | ||
sinzzer | 0 | 29,770,781,693 | 40% | ||
exyle | 0 | 7,419,212,207 | 1% | ||
arconite | 0 | 943,452,399 | 17.5% | ||
joshglen | 0 | 2,479,630,534 | 20% | ||
happyphoenix | 0 | 42,409,253,791 | 40% | ||
webdeals | 0 | 16,477,333,481 | 40% | ||
psygambler | 0 | 3,285,152,856 | 20% | ||
randomblock1 | 0 | 2,386,988,930 | 40% | ||
theb0red1 | 0 | 126,400,465,288 | 40% | ||
someguy123 | 0 | 4,921,800,881 | 0.5% | ||
mikehere | 0 | 8,793,105,998 | 40% | ||
team101 | 0 | 620,838,815 | 40% | ||
t-bot | 0 | 979,386,989 | 50% | ||
rymlen | 0 | 26,493,196,347 | 40% | ||
jephline | 0 | 670,015,460 | 40% | ||
mafeeva | 0 | 76,850,936,151 | 50% | ||
bigtakosensei | 0 | 39,268,416,032 | 40% | ||
newhope | 0 | 3,712,371,519,954 | 31% | ||
elizacheng | 0 | 31,718,298,315 | 20% | ||
hattaarshavin | 0 | 30,739,055,886 | 40% | ||
sixexgames | 0 | 2,423,871,971 | 20% | ||
intrepidthinker | 0 | 148,798,799,705 | 40% | ||
pouchon | 0 | 1,434,572,585,466 | 40% | ||
sharkface | 0 | 42,634,031,114 | 40% | ||
numpypython | 0 | 3,159,800,068 | 40% | ||
sames | 0 | 20,375,244,168 | 40% | ||
linakay | 0 | 18,302,425,794 | 40% | ||
dolphinstudios | 0 | 522,743,819 | 40% | ||
gamersclassified | 0 | 134,608,973,865 | 100% | ||
morph | 0 | 1,411,816,162 | 12% | ||
bitrocker2020 | 0 | 497,483,682,401 | 40% | ||
tj4real | 0 | 1,160,099,603 | 40% | ||
reloadbeatbox | 0 | 8,685,447,273 | 40% | ||
roncoejr | 0 | 10,534,400,991 | 40% | ||
kisom1 | 0 | 1,355,090,226 | 40% | ||
aaronli | 0 | 145,565,895,447 | 40% | ||
moemanmoesly | 0 | 19,548,930,771 | 40% | ||
techken | 0 | 15,509,805,523 | 20% | ||
joeyarnoldvn | 0 | 555,262,019 | 1.66% | ||
mrpointp | 0 | 71,852,362,249 | 20% | ||
sallybeth23 | 0 | 923,177,435 | 40% | ||
greatness96 | 0 | 704,847,799 | 20% | ||
resiliencia | 0 | 4,524,854,228 | 40% | ||
buggedout | 0 | 1,803,930,891,788 | 50% | ||
shanibeer | 0 | 554,516,278,237 | 32.5% | ||
otage | 0 | 14,373,602,904 | 40% | ||
purepinay | 0 | 2,381,515,123 | 10% | ||
aferrell | 0 | 1,449,866,266 | 40% | ||
felander | 0 | 4,231,689,027 | 1% | ||
djlethalskillz | 0 | 30,899,871,947 | 100% | ||
mrspointm | 0 | 73,114,054,333 | 20% | ||
kimzwarch | 0 | 15,055,915,468 | 4% | ||
nurhayati | 0 | 1,617,632,092 | 35% | ||
chimzycash | 0 | 14,799,680,451 | 40% | ||
tomiscurious | 0 | 54,538,780,816 | 10.4% | ||
davidke20 | 0 | 3,248,050,678 | 16.18% | ||
fatman | 0 | 8,840,994,102 | 2% | ||
votehero | 0 | 54,602,934,426 | 12.2% | ||
mawit07 | 0 | 179,490,814,842 | 40% | ||
espoem | 0 | 15,827,673,771 | 5% | ||
jasonmunapasee | 0 | 18,504,489,508 | 40% | ||
landoftrading | 0 | 695,776,086 | 40% | ||
jaforce | 0 | 17,056,450,683 | 40% | ||
namchau | 0 | 3,905,136,307 | 70% | ||
winniex | 0 | 82,827,347,071 | 20% | ||
dbooster | 0 | 98,738,338,530 | 40% | ||
drags | 0 | 1,270,628,559 | 20% | ||
myach | 0 | 7,425,593,984 | 40% | ||
tworealsolutions | 0 | 18,314,529,813 | 40% | ||
mattroconnor | 0 | 11,323,522,095 | 40% | ||
scuzzy | 0 | 1,500,038,203 | 5% | ||
windowglass | 0 | 130,732,333,185 | 20% | ||
angelina6688 | 0 | 3,897,564,753 | 20% | ||
elderson | 0 | 35,354,948,670 | 40% | ||
auleo | 0 | 9,076,881,908 | 20% | ||
cheva | 0 | 69,821,491,022 | 40% | ||
fourfourfun | 0 | 1,542,454,311 | 5.2% | ||
hooiyewlim | 0 | 53,519,936,108 | 100% | ||
metzli | 0 | 7,219,759,404 | 12.5% | ||
slacktmusic | 0 | 7,177,778,287 | 40% | ||
happycrazycon | 0 | 13,697,918,139 | 25% | ||
amjadsharif | 0 | 1,161,869,013 | 20% | ||
piotrgrafik | 0 | 440,411,560,473 | 50% | ||
portugalcoin | 0 | 14,511,238,230 | 15% | ||
ikrahch | 0 | 150,204,955,481 | 40% | ||
badmusgreene | 0 | 2,777,517,841 | 40% | ||
sanach | 0 | 2,918,961,472 | 40% | ||
busdriver | 0 | 928,955,406 | 50% | ||
cherryng | 0 | 11,722,842,629 | 20% | ||
bet1x2 | 0 | 537,456,154 | 100% | ||
khimgoh | 0 | 72,944,624,618 | 50% | ||
nostalgic1212 | 0 | 85,788,311,460 | 20% | ||
moeenali | 0 | 300,603,124,711 | 40% | ||
funkymunky20000 | 0 | 5,336,516,970 | 40% | ||
alimamasstory | 0 | 1,214,846,984 | 25% | ||
crowbarmama | 0 | 2,232,289,843 | 10% | ||
misbitcap | 0 | 14,400,837,940 | 40% | ||
jagoe | 0 | 70,852,218,773 | 24% | ||
damajicman3 | 0 | 1,162,900,416 | 40% | ||
robomode | 0 | 1,822,441,319 | 40% | ||
makingthebest09 | 0 | 2,607,985,911 | 40% | ||
randumb | 0 | 3,737,354,990 | 30% | ||
happyishadam | 0 | 582,755,134 | 40% | ||
wrecktangle27 | 0 | 769,924,755 | 40% | ||
altcoinbandit | 0 | 933,417,612 | 100% | ||
babarakas43 | 0 | 28,968,777,820 | 40% | ||
limelightmg | 0 | 666,856,512 | 40% | ||
indiebandguru | 0 | 2,652,189,040 | 20% | ||
rativiv | 0 | 1,160,630,985 | 40% | ||
vonaurolacu | 0 | 12,222,414,391 | 20% | ||
greendeliverence | 0 | 20,396,360,645 | 40% | ||
truce | 0 | 1,269,870,756,785 | 40% | ||
abrockman | 0 | 48,164,433,790 | 40% | ||
hypersonic1 | 0 | 121,659,931,816 | 40% | ||
mimidee74 | 0 | 8,887,531,613 | 40% | ||
ronaldoavelino | 0 | 3,457,735,945 | 50% | ||
aellly | 0 | 35,273,644,412 | 20% | ||
thomasbrown | 0 | 55,166,923,626 | 40% | ||
yameen | 0 | 15,179,981,939 | 40% | ||
pasie15 | 0 | 1,777,562,104 | 40% | ||
mumma-monza | 0 | 2,942,375,762 | 25% | ||
headcrypto | 0 | 6,623,806,111 | 40% | ||
themightyvolcano | 0 | 544,897,826 | 1% | ||
tonybad | 0 | 764,980,546 | 20% | ||
chinyerevivian | 0 | 27,844,729,906 | 40% | ||
cubby | 0 | 905,774,034 | 40% | ||
lordgod | 0 | 2,532,891,038 | 40% | ||
softmetal | 0 | 2,440,521,124 | 40% | ||
coolbot | 0 | 585,102,398 | 40% | ||
rightwing670 | 0 | 94,515,596,903 | 40% | ||
tanlikming | 0 | 18,240,065,102 | 100% | ||
ragnar94 | 0 | 7,908,925,677 | 40% | ||
pladozero | 0 | 33,260,048,599 | 10% | ||
nateaguila | 0 | 237,367,567,810 | 8% | ||
archisteem | 0 | 1,266,497,156 | 7.5% | ||
frejafri | 0 | 3,915,491,201 | 10% | ||
idayrus | 0 | 14,804,640,575 | 40% | ||
byebyehamburgers | 0 | 31,524,010,690 | 40% | ||
hmetu | 0 | 529,833,929 | 40% | ||
nattybongo | 0 | 9,271,833,167 | 40% | ||
abacam | 0 | 7,151,090,257 | 100% | ||
abcor | 0 | 7,667,541,080 | 100% | ||
lilzmom902 | 0 | 15,997,161,957 | 40% | ||
graceli | 0 | 9,487,174,713 | 20% | ||
wildwanderer | 0 | 707,750,246 | 25% | ||
ireenchew | 0 | 23,175,190,744 | 40% | ||
jluvs2fly | 0 | 25,035,973,867 | 40% | ||
lilcryptita | 0 | 1,290,448,672 | 40% | ||
julian2013 | 0 | 18,203,217,455 | 20% | ||
dlike | 0 | 2,740,690,751 | 1% | ||
master1992 | 0 | 1,945,692,468 | 40% | ||
steemitmamas | 0 | 26,400,448,545 | 50% | ||
voxmortis | 0 | 34,840,136,239 | 20% | ||
justinchicken | 0 | 13,322,487,784 | 40% | ||
maeusenews | 0 | 8,642,282,754 | 40% | ||
moderncraft | 0 | 765,806,734 | 20% | ||
marfonso | 0 | 2,161,598,480 | 40% | ||
piensocrates | 0 | 2,092,810,877 | 20% | ||
tangela | 0 | 1,101,673,292 | 20% | ||
cherryzz | 0 | 11,619,833,901 | 20% | ||
sasaadrian | 0 | 14,784,189,681 | 20% | ||
minhaz007 | 0 | 3,505,968,613 | 40% | ||
bsfmalaysia | 0 | 1,998,844,488 | 20% | ||
nureza | 0 | 2,560,355,424 | 40% | ||
avel692 | 0 | 3,755,224,542 | 100% | ||
theestateof.mind | 0 | 521,494,022 | 40% | ||
nworb | 0 | 25,079,771,815 | 40% | ||
solaiman | 0 | 15,054,771,503 | 40% | ||
unitqm | 0 | 2,619,313,526 | 20% | ||
brucutu | 0 | 30,722,990,491 | 40% | ||
robmojo | 0 | 4,592,451,282 | 50% | ||
ferrate | 0 | 36,894,831,467 | 40% | ||
bittrio | 0 | 14,648,248,558 | 40% | ||
steemturbo | 0 | 4,461,010,378 | 40% | ||
cgbernardo | 0 | 1,359,800,629 | 40% | ||
brucutu2 | 0 | 4,394,647,329 | 100% | ||
steemegg | 0 | 3,011,242,718 | 8.09% | ||
cryptovues | 0 | 22,294,123,789 | 40% | ||
ragnarhewins90 | 0 | 497,313,007 | 10% | ||
e-r-k-a-n | 0 | 3,416,407,743 | 40% | ||
apokruphos | 0 | 3,297,350,710 | 1% | ||
kitty-kitty | 0 | 4,609,680,482 | 100% | ||
scoopstakes | 0 | 14,000,278,299 | 50% | ||
snuff1 | 0 | 1,271,721,462 | 40% | ||
nanzo-snaps | 0 | 9,276,059,999 | 50% | ||
trueexpressions | 0 | 783,756,990 | 40% | ||
ladyyunajay | 0 | 883,479,061 | 18% | ||
brada2550 | 0 | 2,372,340,609 | 40% | ||
paleotwist | 0 | 10,892,302,149 | 40% | ||
zellypearl | 0 | 36,961,797,584 | 40% | ||
carioca | 0 | 4,595,198,758 | 100% | ||
hans001 | 0 | 3,965,143,798 | 40% | ||
c4cristi3 | 0 | 9,077,713,748 | 40% | ||
foreversteem | 0 | 3,423,966,463 | 40% | ||
ano123 | 0 | 293,336,792,704 | 40% | ||
q-news | 0 | 3,161,037,371 | 40% | ||
potence | 0 | 510,080,907 | 40% | ||
coreyssteemit77 | 0 | 4,540,450,198 | 40% | ||
backscratcher | 0 | 18,547,557,623 | 40% | ||
rocketpower | 0 | 2,610,588,286 | 100% | ||
curtley | 0 | 496,441,134 | 100% | ||
red-devils | 0 | 1,567,793,621 | 40% | ||
thecryptolink | 0 | 922,173,047 | 40% | ||
moro1992 | 0 | 3,109,904,274 | 40% | ||
xyzxyz | 0 | 19,043,815,389 | 40% | ||
evanstinger | 0 | 17,445,469,733 | 40% | ||
nicollefiallo | 0 | 976,278,199 | 12% | ||
ying82 | 0 | 13,870,896,952 | 20% | ||
aekraj | 0 | 41,420,038,254 | 40% | ||
kgswallet | 0 | 1,059,355,731 | 20% | ||
h-hamilton | 0 | 14,352,324,626 | 40% | ||
steem.leo | 0 | 921,604,078 | 1% | ||
everythingsmgirl | 0 | 7,502,639,142 | 50% | ||
reggaesteem | 0 | 5,208,210,766 | 55.25% | ||
supremebape | 0 | 79,845,165,371 | 40% | ||
kryptoking1 | 0 | 22,657,219,152 | 40% | ||
atyh | 0 | 27,096,746,271 | 10% | ||
cannawriter | 0 | 1,061,557,856 | 50% | ||
naej | 0 | 7,872,160,623 | 40% | ||
bilpcoinrecords | 0 | 683,616,087 | 15.5% | ||
shani.jahming | 0 | 659,357,675 | 65% | ||
photosnap | 0 | 2,201,393,136 | 40% | ||
kgsupport | 0 | 1,924,960,136 | 40% | ||
mice-k | 0 | 30,406,748 | 1% | ||
sandyo | 0 | 1,293,410,408 | 40% | ||
ukulima | 0 | 68,333,056,967 | 5% | ||
lovequeen | 0 | 49,218,227,252 | 20% | ||
reggaejahm | 0 | 240,964,720,673 | 65% | ||
blackgeek | 0 | 1,898,694,243 | 40% | ||
dcityrewards | 0 | 15,731,588,779 | 1% | ||
holoferncro | 0 | 2,192,955,572 | 5% | ||
zemiatin1 | 0 | 734,564,114 | 65% | ||
jsalvage | 0 | 522,913,843 | 20% | ||
logicforce | 0 | 2,198,843,404 | 40% | ||
zartisht | 0 | 160,843,298,240 | 40% | ||
sylmarill | 0 | 5,289,422,255 | 100% | ||
aceh-media | 0 | 3,576,012,197 | 40% | ||
hivevote | 0 | 6,999,036,356 | 20% | ||
emma-emma | 0 | 8,738,610,353 | 20% | ||
mariaced | 0 | 11,384,741,770 | 100% | ||
professor.gaming | 0 | 450,535,067 | 40% | ||
dcrops | 0 | 7,694,134,285 | 0.5% | ||
zanoz | 0 | 38,398,885,511 | 40% | ||
bearmol | 0 | 560,894,973 | 100% | ||
pancovideo | 0 | 590,315,841 | 40% | ||
morogambler | 0 | 662,581,251 | 40% | ||
aniol77 | 0 | 2,178,873,064 | 100% | ||
kooza | 0 | 1,087,586,114 | 20% | ||
nyxlabs | 0 | 506,352,992 | 4% | ||
draygyn | 0 | 720,801,064 | 10% | ||
ricestrela | 0 | 7,646,942,512 | 16% | ||
fitpinay | 0 | 5,631,691,303 | 10% | ||
drricksanchez | 0 | 49,183,544,668 | 10% | ||
iviaxpow3r | 0 | 1,126,800,893 | 10% | ||
eythorphoto | 0 | 1,095,104,041 | 20% | ||
maxelitereturned | 0 | 721,422,489 | 20% | ||
eforucom.leo | 0 | 0 | 50% | ||
xylliana | 0 | 5,794,889,002 | 100% | ||
ericaliu | 0 | 8,140,835,476 | 20% | ||
duwiky | 0 | 11,561,709,215 | 40% | ||
abundancelife | 0 | 11,740,423,656 | 20% | ||
nabu.doconosor2 | 0 | 524,457,425 | 20% | ||
lovelingling | 0 | 38,820,368,617 | 20% | ||
tina1219 | 0 | 3,005,734,804 | 10% | ||
linna188 | 0 | 981,762,560 | 20% | ||
everlandd | 0 | 5,018,982,334 | 20% | ||
celeste413 | 0 | 12,027,288,938 | 15% | ||
zhangyan-123 | 0 | 21,123,058,511 | 20% | ||
adeife2 | 0 | 740,589,767 | 20% | ||
alpha-omega | 0 | 5,333,580,906 | 20% | ||
speko | 0 | 4,989,065,721 | 15.7% | ||
cugel | 0 | 10,720,882,598 | 20% | ||
potsuperiya | 0 | 498,382,640 | 40% | ||
truls | 0 | 745,243,733 | 20% | ||
sensiblecast | 0 | 810,381,268 | 20% | ||
ingi1976 | 0 | 2,821,547,302 | 5% | ||
mistural | 0 | 5,575,114,428 | 40% | ||
motica29 | 0 | 597,312,111 | 20% | ||
mnurhiver | 0 | 24,912,105,260 | 40% | ||
crypt0gnome | 0 | 2,997,689,318 | 0.4% | ||
zeclipse | 0 | 1,301,717,299 | 40% | ||
holdeck | 0 | 546,824,096 | 20% | ||
sayu907 | 0 | 679,409,886 | 40% | ||
luminosity.leo | 0 | 235,567,350 | 100% | ||
howzat | 0 | 337,737,220,474 | 100% | ||
xclanleo | 0 | 473,837,202 | 50% | ||
visionarystudios | 0 | 1,090,499,593 | 24% | ||
monarchist | 0 | 1,317,679,457 | 75% | ||
hk-curation | 0 | 1,981,241,880,445 | 100% | ||
aynal | 0 | 941,928,212 | 5% | ||
huolian | 0 | 14,992,634,619 | 40% | ||
cards4rent | 0 | 1,122,371,463,570 | 50% | ||
thepeoplesguild | 0 | 2,392,822,942 | 20% | ||
mscleaning | 0 | 930,386,173 | 100% |