ak0

Possible AB=CD on the 4H EURUSD

FX:EURUSD   Euro / U.S. Dollar
63 views
4
Any thoughts on a possible AB=CD forming here? Overall, we are thinking short as well due to the Bullish Butterfly that has been mentioned several times already, but are concerned at this AB=CD formation, as it may nullify the butterfly .

If this formation does proceed, I am confident our resistance at 1.18600 will hold, at which point we will be shorting again.

Comments

possibly yes, because of the larger triangle correction
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out