Daily Harmonic Trading Pattern — GBPAUD
Perfect AB=CD pattern in the GBPAUD
Published in
1 min readNov 11, 2013
This is an example of a trading scenario and Harmonic Analysis posted by the MarketZone:
The pair has retraced almost into the 61.8 fib level and completed harmonic trading pattern — AB=CD on the daily chart.
On the 4H chart we can see small Wedge pattern that less aggressive traders could use to time their entry.
