Wisam Adil
Short

I see XABCD Pattern is forming

FX:EURUSD   Euro / U.S. Dollar
383 2 0
the EURUSD             is forming an XABCD pattern as a corrective wave before heading to the main support @ 1.35500\400
THE ABCD will only be usefull when 3 point turned up already.
thanks for your thoughts!
Reply
Forgive me, BUT, I don't see the benefit of projection at this point, as
you could place any number of xabcd points on the chart and say
they are possibly forming. Perhaps it is better to find patterns that are
much closer to forming so as a trader you could take action.
Thanks for your thoughts and wishing you great profits in 2014 !
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