“Bearish ABCD” Harmonic Pattern Stock Screener

The Bearish ABCD harmonic pattern is a technical analysis tool consisting of four price legs, helping traders identify potential trend reversals by predicting where price corrections or trend changes may occur based on the symmetry and proportions of these legs

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This post focuses on customizable factory scans associated with Bearish ABCD harmonic pattern, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.


Display recent bearish ABCD harmonic patterns

Tags:

List symbols where pattern is ABCD Bearish

Add Column ABCD Bearish Status as Status
Add Column ABCD Bearish Target as Target
Add Column ABCD Bearish Date as Date

Apply to NSE

Plot

This scan identifies NSE symbols that have recently formed a Bearish ABCD pattern.

The output report includes the current status of the pattern—whether it is confirmed, unconfirmed, or if the target has been achieved.

Additionally, the report shows the target level and the date the pattern was triggered.



Confirmed bearish ABCD harmonic patterns

The following scan specifically searches for confirmed Bearish ABCD patterns.

List symbols where pattern is ABCDBear
and ABCDBearStatus = Confirmed

Add Column ABCDBearStatus as Status
Add Column ABCDBearTarget as Target
Add Column ABCDBearDt as Date
Add Column PatternName

Apply to NSE

Plot

For insights into the Bearish ABCD harmonic pattern, including the structure of the pattern, the psychology underlying it, how to trade the pattern, as well as an exploration of its advantages and limitations as a tool, click here.

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