EURUSD ABCD count continues

9 thg 7, 2016

The ABCD pattern is still continuing. After the BC correction of the smaller ABCD pattern (Marked in grey) I expect the market to compete the CD leg of the smaller pattern. This is also the AB leg of the final leg E of the larger corrective pattern. So for next week I will be trading long and expect this to continue into the following week before a spike down later in that week.