Daily ABCD Short

Euro Fx/British PoundFXCM

Description

⋅ May 7, 2015 2:42 AM

Hello,

We have a nice looking ABCD pattern, RSI over bought.
We have a nice harmonic move to the 1.27.
We have a confluence of the B-C leg. with 1.382 and 1.27.
You may want to take profit at the "B" structure point. Just manage the trade.

Good luck.