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ABCD Bearish Pattern: A Powerful Signal for Market Downtrends

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The ABCD pattern is a key harmonic formation that signals potential bearish momentum in the market. It consists of four points—A, B, C, and D—where an initial upward move (AB) is followed by a retracement (BC) and a final upward extension (CD). When the pattern completes at point D, it often indicates a market reversal to the downside. Traders use this pattern to identify selling oppo... https://www.definedgesecurities.com/library/abcd-bearish-renko/

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