KVE

EUR/USD: Gartley or AB=CD? Watch the breakout !

FX:EURUSD   Euro / U.S. Dollar
123 0 8
Currently EUR/USD             is flat momentum-wise: RSI , stochastics, MACD and BB, all flat...

We could be forming some inside days now..., I'm watching the breakout!

Gartley above, trendline break and AB=CD below...

Look here for details and possibe clues on direction:

Comment: Failed breakout which was somewhat to be expected since we needed to close the gap...

Both patterns are still valid..., the referendum should start things moving, until then it will likely go flat or turn somewhat choppy, depending on the TF considered...

snapshot
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