ETH – ABCD Pattern

ETH/USD COINBASE:ETHUSD

RaynLim

ABCD Pattern is the fundamental/building block of the Harmonic Pattern . Like its counterpart, the pattern is designed on a counter-trend trading opportunity.

What I like about this setup is that it came into the previous consolidation zone.

I’m not a big fan of trading crypto but is no harm to consider buying at this range.

Conservative traders can wait for consolidation and 3bar reversal before considering engaging in the buy trade.

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