TradingView
TAS_is_Goliath_Capital_Growth
May 15, 2016 10:39 AM

EURGBP Head and Shoulders at an ABC correction Short

Euro Fx/British PoundFXCM

Description

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

Comments
marto_el
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.

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

I hope this might help, not confuse.
TAS_is_Goliath_Capital_Growth
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.
More