Upside down H&S with a 300pip potential. I think Wednesday's spike screwed up a lot of recent bear predictions and makes it even harder to predict short term but the 30 minute chart shows an ascending triangle with resistance at ~1.0774. I"m buying the broken neck at ~1.0793
Comment:
I should have calculated the height from the tip of the head to where it meets the shoulder which is ~485 pips, an error in favor of a greater potential.