Learn the in's and out's of ABCD pattern trading. Every day trader needs to be able to recognize this pattern in active stocks.

Natural gas shows strength as it breaks through resistance and confirms a bullish ABCD pattern.

At that point the structure of the ABCD pattern will be violated. Expanding Triangle Further Evolves Natural gas continues to trade within a developing expanding triangle consolidation pattern.

An ABCD chart formation gets its name from the distinct line it traces, whose peaks and valleys constitute the A, B, C and D points. You can see an example of the pattern in this chart for Eltek Ltd.

Last Friday silver retraced to a low of 29.12 to reach an extended downside target of 29.15 from a declining ABCD pattern. During Friday’s decline the prior ...