Figure 2: An ABC pattern A pivot long signal. Confluence zones not shown. At the beginning of an uptrend, for example, the equity would make an aggressive move to an extreme pivot point (marked ...

Multiply the cost driver rate by the number of cost drivers. As an activity-based costing example, consider Company ABC, which has a $50,000 per year electricity bill. The number of labor hours ...

(Source: elliottwavenuggets.com) You can see an example in the above figure which shows a very typical ABC pattern at the end of a downtrend before an uptrend starts to emerge properly. First ...

In this example, the equity failed to reach a higher high than B, so the pattern failed. The trade is immediately exited once an ABC failure occurs. More aggressive traders could take counter ...