A Setup as Simple as ABCD
Today, I would like to show you one of my favorite Price Action trading setups called AB=CD Setup.
You can use this setup both for intraday and for swing trading.
In this post, I will show you the AB=CD setup on a Weekly chart , which I use for my swing trade analysis.
Trading AB=CD as a standalone strategy
You can trade this setup as a standalone strategy but I personally prefer to have some more confluences with other strategies which would confirm the support/resistance levels this AB=CD method shows.
It would be best if there was some significant volume area created around the point D in the past.
Still, the AB=CD setup on a Weekly chart is a strong signal and I think we can expect a reaction there.
Oil is under strong attack, but i still believe for long trade !!
Reason for this long trade
1. Garley ABCD
2. Volume cluster
Happy trading
Dale
Today, I would like to show you one of my favorite Price Action trading setups called AB=CD Setup.
You can use this setup both for intraday and for swing trading.
In this post, I will show you the AB=CD setup on a Weekly chart , which I use for my swing trade analysis.
Trading AB=CD as a standalone strategy
You can trade this setup as a standalone strategy but I personally prefer to have some more confluences with other strategies which would confirm the support/resistance levels this AB=CD method shows.
It would be best if there was some significant volume area created around the point D in the past.
Still, the AB=CD setup on a Weekly chart is a strong signal and I think we can expect a reaction there.
Oil is under strong attack, but i still believe for long trade !!
Reason for this long trade
1. Garley ABCD
2. Volume cluster
Happy trading
Dale
📗 Volume Profile & Order Flow books (FREE download)
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
📗 Volume Profile & Order Flow books (FREE download)
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
volumeprofile.com
orderflow.com
📺 Free Volume Profile Webinar
trader-dale.com/webinar-how-to-trade-with-volume-profile-in-2022
💬 Have questions?
contact@trader-dale.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.