ABC Bullish Patterns
ABC Patterns are most universal and powerful patterns.
This pattern is shaped like a lightning bolt and signals a trend, a retracement and the resumption of the trend. ABC patterns are part of at least another dozen or so market chart patterns like Gartleys, Head and Shoulders, Double Top and Bottoms etc. ABC patterns forecast key market turning points and profit targets for traders. ABC patterns project prices from a key Potential Reversal Zone (PRZ) at C level using Fibonacci ratios of the AB and BC Legs.