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TradersClassroom
Mar 2, 2016 1:19 PM

PERFECT AB=CD Pattern! 

U.S. Dollar/Japanese YenFXCM

Description

We have a perfect ABCD Pattern set up here. The retracement is a perfect .618 which allows the projection, 1.618, to line up at the exact number where the equal legs end.

115.08 is my point of entry.
Comments
TradZ
So your just waiting for a short rather than taking it up as well?
TradersClassroom
It's too late according to my trade plan to trade it up. I'm looking for the short. Thanks!
TradZ
thx
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