Food4Thought

EU H2 Harmonic Support Test

FX:EURUSD   Euro Fx/U.S. Dollar
208 4 2
Short @ 1.3133 with reduced risk exposure since entry was very late.
Target 1: AB=CD
Target 2: 1.27AB=CD
Target 3: 1.618AB=CD

Long entry will be established at the 0.886 fib assuming price gets there, presumably will a little help from Big Bad Ben.

This trade should ideally look to test the low placed at 1. 2750             and fail en-route, signalling bullish intention; presumably as QE cannot end overnight, so dollar weakness should persevere.
nice...quick question...where did you get the '5-points pattern' tool? that is exactly what I've been looking for!
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It's located on the left hand side vertical bar, where the Elliott wave drawing tool is.
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kgmoney Food4Thought
ah, it wasn't there until i refreshed my chart. no more drawing triangles :)
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