Broken Daily ascending and fulfilled both targets (point 1+ point 2 of )
attached FIB from the significant high to the formation around 1.6100 to form FIB B..
Seen a slight retracement due to the scotland vote back in september which was a volatile manipulative move before crushing buyers and simply fulfilling a technical FIB retracement level (38.2%)
was easy to zoom into lower timeframes to get a refined viewpoint of P.A and multiple Counter could have been attached in order to give great entry confluences to the downside with targets being located around -27% D FIB extension (first of all)
We broke that D FIB alone with a false break and whipsaw of the daily Descending T.L around 1.5734...
Now expecting this pair to crash down to 1.5300-1.5350... a break here will most deffo lead to 1.5000 + 1.4900 ( 2013 weekly lows)