Reciprocal AB = CD and the 5-0 Pattern Flashcards
1
Q
Reciprocal AB = CD
A
Typically a shorter countermove of equal length within a longer trend
2
Q
Bullish Reciprocal AB = CD
A
3
Q
Bearish Reciprocal AB = CD
A
4
Q
Basic 5-0 requirements
A
- Look for initial impulsive reversal at X, A, B points that possesses a 1.13-1.618 extension
- The AB projection must possess a minimum 1.618 extension at the C point but not exceed 2.24
- The D point is defined by the 50% BC retracement and the Reciprocal AB=CD pattern completion
5
Q
Bullish 5-0 Pattern
A
6
Q
Bullish AB = CD within CD Leg of 5-0 Pattern
A
7
Q
Bearish 5-0 Pattern
A
8
Q
Bearish AB = CD within CD Leg of 5-0 Pattern
A
9
Q
Bullish 5-0 Pattern Violations
A
10
Q
Bearish 5-0 Pattern Violation
A
