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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
📗 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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.