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Symmetry (AB=CD) Tool NT7
Part of the neoHarmonics Swing Toolkit
How to use the Symmetry (AB=CD) Tool NT7
This video gives you the extreme basics of how to draw with the tool itself.
Putting the Symmetry (AB=CD) Tool to Use
After you know how to draw with the tool, this video puts it into practice.
This tool (AB=CD, sometimes referred to as simply “ABCD”) is a great way of analyzing symmetrical moves. In other words, looking at the range of one swing and giving potential targets of the next swing in the same direction.
In this example, if you want to analyze the relationship between the swings indicated by the two blue arrows, you use the AB=CD tool and draw where the red arrow is indicated (from low of the swing to the low of the swing).
When using this tool, you will always draw from a low point to a low point or a high point to a high point. This equates to drawing from point A to point C. At this point, the tool will automatically find point B, then project the range of the AB leg from point C to give you point D.
Here is the result of using the tool in the above example. As you can see, the swing from A to B is equal to the swing from C to D (AB=CD). Symmetry!
Here is another example where AB=CD to the downside. In this example, you draw a line from the high of A to the high of C and the labels and lines are all drawn for you.
Often the market swings move in a fib relationship to the AB leg, thus there is an option to include the major fib levels to this CD line (named “Alt Levels” in the parameters). Those levels are 0.618, 1.272, and 1.618.
As you can see, when the “alt levels” are enabled, additional lines are drawn on the CD leg of the tool. In this example, the market found support on the 0.618 of the range of the AB leg (see blue arrow).
Here is an example of the market going to the 1.618 extension (red arrow). Another way to think of this is 161.8% of the AB leg, projected from point C. As you can see, there was a reaction at the “D” point (100% of AB), as well (blue arrow).
Basic Tool Use
This video covers the basic use of the Harmonic Pattern Analyzer and the Symmetry (AB=CD) tool.
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Trading contains risk of loss and is not for all investors. The information on this site is meant for educational purposes only. There is no guarantee that you will profit from the information contained herein. Past performance is not necessarily indicative of future results. The information contained on this site is meant to be used as just another tool to assist you in arriving at your trading decisions.
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