Today while analyzing the market, I noted a very interesting moves on FX:EURGBP . Look close and see how price is moving harmonically. We see that diagonal support was broken @0.7209, since then price is in correction wave in a harmonic move. It is more likely to repeat the previous move-break the second diagonal support which is exactly parallel to the previous...
We have a bullish gartley pattern seen in Audusd. Price must not close above 0.9940 in order for the BC leg to be valid. Buyers can look to buy at 0.7835 should this pattern play out