Jump to: Pattern Result
Date and Arrival Time: 2021-04-06 08:40
Symbol Name: USD/JPY
Pattern and Direction: AB = CD : 1.272
Pattern Completion Price: 110.471, Pattern Ideal Completion Price: 110.48
An AB = CD : 1.272 has arrived at 08:40 UTC.
There is a potential Sell opportunity at 110.471. A safe stop-loss for this AB = CD : 1.272 can be kept above the ideal completion price depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 6th April – Success!
Let’s take a look at how this pattern’s results unfolded:
