FX:GBPCAD   British Pound/Canadian Dollar
Thanks to one of the trader who pointed this out. Yes, we do have a valid 2618 setup on the daily timeframe here.
2618 means ideal ABCD ... right ???
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Hi, the ABCD and 2618 setup is different. The ABCD is a one to one harmonic move. The 2618 setup is mainly based on a double top/bottom follow by a 618 retracement for reentry.

Hope this makes it clearer :)
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WaKaS akyong
thnx , it does make it a lot clearer ...
+1 Reply
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