TradingView
smsuresh
Oct 27, 2021 11:28 AM

AB=CD PATTERN  Long

NSE:MOL1D
MEGHMANI ORGANICS LTDNSE

Description

⋅
The ideal AB=CD pattern is equal in time and price, with point D being an Fibonacci extension between 127%-161.8% of the B-C leg.
and we got this confluence point with channel bottom hence holding 100 can lead to upmove..
short term targets 122-125
Trend AnalysisHarmonic PatternsBeyond Technical Analysis
More