ABCD Pattern EUR/USD 7/12/14 Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Dec 7, 2014 6:46 PM

The last AB drop could repeat as a CD leg towards last structure lows at 1.204-1.207.

We could see a turn around there because of multiple divergences on the RSI and other indicators.

But for now short is the better side on the market.