Jump to: Pattern Result
Date and Arrival Time: 2020-11-10 09:30
Symbol Name: SHREECEM
Pattern and Direction: Alt-ABCD – Completed – SELL
Pattern Completion Price: 22891.3 Pattern Ideal Completion Price: 22880.50
A Completed Alt-ABCD has arrived at 09:30 am. The coordinates are:
This is a pattern with a formation span of 3 starting from the 2020/11/05 13:15 – 2020/11/10 09:30.
There is a potential Sell opportunity at 22891.30 . A safe stop-loss for this Alt-ABCD can be kept at less than 1% above the actual completion, where the pattern would be invalidated.
Update: 10th Nov – Pattern Invalidated
This Alt-ABCD was invalidated shortly after formation. Traders of this pattern would have exited at either a stop-loss less than 1% above the pattern completion (below 23120), or exited with no loss at a pullback to the entry price.
Learn more about Alt-ABCD
See more examples of Alt – ABCD