GR3ND3L

SUNW: Double ABCD pattern? is that a thing?

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GR3ND3L アップデート済   
NASDAQ:SUNW   None
SUNW on the 1 hr chart.

I think I see SUNW going from a descending ABCD pattern immediately into an ascending ABCD pattern.

The last point that could be the second "D" is already above its "B" point.

Not sure if I am wrong or the pattern I am seeing is called something else, but any input would be greatly appreciated.

I made a couple fibs (2 extensions and 1 retracement) to get an idea of the potential PT areas.

It looks like 0.75 - 0.90 is a reasonable range to look at.

If its end point is in that area, I think it is definitely a second ABCD pattern

Let's see what happens!
コメント:
It's a bearish butterfly and I was supposed to use the XABCD tool! LOL!

So it looks like its gonna eat it after it hits that PT range?

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