EUR/GBP, AB=CD Pattern

8 Mar 2017

Hey guys,

The blue line is a strong trend line , and the black line above is a 61.8% Fib level from the monthly charts, the AB=CD patterns CD leg ( fib level 1.41) is exactly on the 61.8 Fib level, indicating on a possible trend reversal.

Let me know what you guys think

Cheers,

Khaine

8 Mar 2017

Not

Stop-loss on this sheet is wrong, should have been under the A leg :)