Trader Dale Volume Profile

Price Action
2. The C is made if there is a retrace at least to 50 % to distance from AB. However, the
price must not go past A.
3. The D is placed the same distance from C as A is from B. Because of this the pattern is
called AB = CD. The leg AB has the same pip distance as the leg CD.
4. If it is a bullish AB = CD, then you enter a long trade at the D. If it is a bearish AB = CD,
then you enter a short position at the D.
To make this more clear, here are bullish and bearish AB = CD schemes:
You can trade this setup basically on all timeframes. I look for this pattern on 30-minute or 1-
hour charts, 4-hour charts, Daily charts and weekly charts. I usually don't look for this pattern
on lower timeframes than 30-minute timeframes.
Best thing to measure the distances between the swing points is with the Fibonacci tool. First,
you place the Fibonacci so that 0 % is at A and 100 % is at B. Then you make sure the C is more
than 50 % of this distance. After that, you move the fib tool (without changing the measured
distance) so the 0 % is at C. The 100 % of the Fibonacci will show you where D is (this is the
place where you enter your trade).
This is how you find the D in two steps:
30