The AB=CD pattern is a harmonic pattern used in technical analysis, and it involves three legs or price swings. In the case of a bullish (long) AB=CD pattern, the market forms two equal legs (AB and CD), creating a potential buying opportunity.
If you've identified an AB=CD pattern on the AUD/CHF (Australian Dollar/Swiss Franc) currency pair and it's signaling a potential long trade, make sure to consider other supporting factors. Look for additional technical indicators, support and resistance levels, and market conditions to confirm your analysis.
Remember, trading always involves risks, so it's essential to use proper risk management strategies and only trade based on a well-thought-out plan. If you have any specific details or questions about the pattern or the market conditions, feel free to share, and we can discuss it further.
If you've identified an AB=CD pattern on the AUD/CHF (Australian Dollar/Swiss Franc) currency pair and it's signaling a potential long trade, make sure to consider other supporting factors. Look for additional technical indicators, support and resistance levels, and market conditions to confirm your analysis.
Remember, trading always involves risks, so it's essential to use proper risk management strategies and only trade based on a well-thought-out plan. If you have any specific details or questions about the pattern or the market conditions, feel free to share, and we can discuss it further.