Jimmy212

Jimmy212

Expect more downside for Sterling against the ever strengthen Euro, here we can see a text book head and shoulders pattern playing out beautifully., The chart shows a breakout and retest of the neck line, now it looks like it is all systems go to the downside. I would target 13600 for this pair.

Jimmy212

Building a case for entry is the name of the game and this is looking like a great opportunity to get long on the pound against the Euro. At the nice round number of 13900 we have a simple ABCD completion which also happens to coincide with the C-D leg of a deep Gartley pattern completion.

Jimmy212

USD/CAD COULD POTENTIALLY BE SETTING UP FOR A NICE GARTLEY PATTERN ON THE DAILY TIME FRAME, JUST WAITING FOR COMPLETION OF THE D LEG WHICH I WILL ALSO BE RIDING DOWN.