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samuraichopsticks
Jun 12, 2013 12:18 PM

GBP/USD harmonics Long

British Pound/U.S. DollarFXCM

Description

Looking at an unfinished crab pattern. The pound has been a bit choppy and hard to read lately but had some nice small entries anyways. 2 possible setups for 2 possible scenarios. A 38% tab to continue uptrend to finish the crab pattern followed by a 50% retrace back to 1.560 to continue uptrend. Right now I'm having a bit of short scalping going on off of 1.568 hight with a stop at break even should a swing happen. Other then that... I have no clue ;)
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