Potential patterns in $EURUSD.. or not.

I intend to confuse you with this chart. Have a look at EURUSD daily chart. I am looking at two potential targets. First is the completion of ABCD formation at around 1.4040 level, and second will be the completion of Bearish Butterfly formation at around 1.4187. Well, in the perfect formation, ABCD should be part of Bearish Butterfly formation, let's see.

Seeking the harmony within.

Now, let's get confused with the CHART.

EURUSD ABCD and Bearish Butterfly formation

Comments

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  1. John Adams — Trackback
    Potential patterns in $EURUSD.. or not.: I intend to confuse you with this chart. Have a look at EURUSD da... http://bit.ly/ciHzJU
  2. Gav (Trader Gav) — Trackback
    Potential patterns in $EURUSD.. or not. http://bit.ly/9tyXzt
  3. Leandro — Trackback
    RT @tradergav Potential patterns in $EURUSD.. or not. http://bit.ly/9tyXzt <Hi there just Down Under, waiting summer ?
  4. Timur Coban — Trackback
    Potential patterns in $EURUSD.. or not. | Gav's trading blog http://bit.ly/bnVoo3
  5. Anonymous
    It seems that this would go to 1.45 to complete a Gartley and also the butterfly in between, as you found..