FX:EURUSD   Euro / U.S. Dollar
87 2 7
I thought, C legs is too high if use ABCD's
KaQing Kadhijah
Hmm... I am currently experimenting with the 2 different ABCD varieties. There's the ABCD a la Carney (sounds like a italian pasta :D), which has certain fib ratios in it and then there is the ABCD method from Trade Empowered, which doesn't care about fib ratios in the ABCD, they just care about the same length of AB and CD. The second ABCD variety fits together with the 88.6 retrace and a strong support IMO, so I'm gonna trade it this way. We will see. Good luck :)
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