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The initial ABCD was made from the recent high to low (Jan. 3 – June 15) which also corresponds to the longer AB leg and a descending wedge pattern.
If natural gas falls below it the pattern has changed, and the situation needs to be reevaluated. The primary and larger ABCD pattern would not be violated on a drop below 3.71, just the smaller ...
ABCD Pattern Targets New Trend High For example, gold could trend higher within the channel to eventually complete an ABCD pattern where the CD leg matches the AB leg.