I wish my strict rules allowed me to trade this pattern. I'd really like to flush out
what the EurJpy is doing. But, the B to C leg comes up 30 pips or so short
of the 1.272 extension of X to A and I've had nothing but disappoint with
set ups that never at least, "tap" the 1.272
Good luck to you however !!!!!!!!!!
C-point is a nice 1.272 external retracement of AB.
The support cluster at 0.786 is also not as strong as the one at 0.886.
will give a much better reward:risk ratio with completion at 0.886 XC.
Let's see if it drops to this level :).