TWO PATTERN D(RED)=C(BLUE) Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 24, 2017 2:19 PM

PERFECT BULLISH GRAB PATTERN D(RED) =0.987 TP1=38.2%=1.0544 TP2=1.0953
BEARISH CYPHER PATTERN D(RED)=C(BLUE)=0.987 D(BLUE)=1.1245 TP1=38.2%=1.0724 TP2=1.0400

ABCD Rules Of Engagement:
1. Point C must retrace to a 0.618 of the A - B move
2. Point D must be a 1.272 projection of the B - C move
3. Buy/Sell at the D leg completion.