GBP/USD AB=CD LONG

3. Dez. 2017

So after a weekend of mainly googling and head scratching, here's my first attempt at finding a harmonic pattern, I went for an AB=CD because it looks similar to Elliott waves so was more familiar to me. The values seem to be correct but I'm not entirely sure, feel free to leave a comment if you can see a flaw in my thinking otherwise please leave a like if you agree. Cheers :)

3. Dez. 2017

Anmerkung

Trade entered manually at 1.34460 because of that vicious morning spread.
Stop and targets remaining the same.

4. Dez. 2017

Anmerkung

MA's turning against so trade closed manually at +300, I should have set T1=.618/AD. Oh well on to the next. :)