http://www.forexlive.com/blog/2014/07/14/jp-morgan-eurusd-interest-rates-eonia-us-yields-ecb-ltro-14-july-2014/ (1 must read between the lines ;) ) and http://snbchf.com/fx-theory/eurusd-1-50/
it as a Shark, especially with the A to B leg above 50%.
And, with the 1.618 of A to B about the .886 of C to X
would use that as pt D @1.39.10/15 and not anticipate an extended shark
at the 1.13 fib ext of A to X
Whew ! Hope that made some sense.
Anyway, welcome to TV. If you're interested, the pattern tracer for Cyphers
does not measure pt D as .786 from C to X it is measuring
only from A to X which means that pt D would show a ratio of .70 or so
to be .786 from C to X. You might want to check it out with the fib tool.
Best of luck and lot of pips in your pocket !!!!!