TAS
Short

EURGBP Head and Shoulders at an ABC correction

FX:EURGBP   Euro Fx/British Pound
103 2 9
Looking for a break of the Head and Shoulders for a move to the C point.
Comment: CORRELATION
1-Large trendline break
2-H&S
3-AB correction to the C
Trade closed: target reached
Hi, I was looking at the exact same pattern earlier. However I see some other patterns happening at the same time. On the 1H timeframe I think there is an AB=CD completing at the .618 from the upswing.
snapshot

If this happens it will be a sign for a Gartley completion.
snapshot

I hope this might help, not confuse.
Reply
TAS marto_el
Thanks for sharing. Nice patterns overlaping. Nice chart. The 60M we will see what happens this week, the 240 will take sometime. Even the H&S might not be broken this week.
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