Source: Warhammer Fantasy: 7th Edition

Fear Elves
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All Goblins dislike fighting Elves of any kind because they stink funny' and because their haughty manner unnerves the little greenskins. Goblins therefore Fear any unit of Elves whose unit strength they do not outnumber by at least two to one. Count any Orcs, Squigs or anything else in the unit as well as the Gobbos.