The ABCD Pattern is the most basic and the easiest pattern to trade, and it is an excellent choice
for beginner and intermediate traders. Although it is simple and has been known for a long time,
it still works very effectively because many traders are still trading it. As mentioned earlier, it
has a self-fulfilling prophecy effect. You should do whatever all of the other traders are doing
because a trend is your friend. A trend may very well be your only friend.