The Trend is Down so the best way to start to trade on ABCD Pattern is from C point to D in which in 1 hr time frame we can see it its going down. Then my point of entry was on the engulfing candle a clear rejection price. more of this explanation on my blog
https://www.fxact.blogspot.com
https://www.fxact.blogspot.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.