EUR/USD completed 4 year AB=CD pattern Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 31, 2015 1:02 PM

1. AB=CD pattern at 1.1073
2. FIB retracement @ 1.1212 triggered and closed above
3. With a value of 25 the monthly RSI first time after 14 years in the oversold zone

Time for an upswing?
Who agrees?

Pls. make your own analysis before trading.