Hi all,
this is not investment advice..
very long term analysis for EURUSD target @0.88130
Each bar is one month..
First Harmonic pattern is Alternate ABCD
Pattern minimum requirement is AB=CD (level)--->1.13415
Resistance1 1.27AB=CD ---> 1.03078
Pattern target 1.618AB=CD --> 0.93052
Second harmonic pattern is EURUSD 1M Bullish Bat Harmonic Pattern
If the Bullish Bat Harmonic pattern work, AB=CD (level) is minimum requirement ----> 1.0775 ( if the price action does not reach this target , bat harmonic is invalid.
there is a gap at 1.07381
Minimum requirement & Resistance1 = AB=CD ---> @1.07775
Resistance2 = 1,272 AB = CD ----> @0.96466
Resistance3 = 1,618 AB = CD ---> @ 1,02740
Terminal Bar 0.886 XA ---> @ 0.91200
Pattern target 2.0BC --> @0.88130
Stoploss 1.0XA ---> @0.82311
Potential Reversal Zone Area is between 0.886XA to 1.0 XA
Good luck
this is not investment advice..
very long term analysis for EURUSD target @0.88130
Each bar is one month..
First Harmonic pattern is Alternate ABCD
Pattern minimum requirement is AB=CD (level)--->1.13415
Resistance1 1.27AB=CD ---> 1.03078
Pattern target 1.618AB=CD --> 0.93052
Second harmonic pattern is EURUSD 1M Bullish Bat Harmonic Pattern
If the Bullish Bat Harmonic pattern work, AB=CD (level) is minimum requirement ----> 1.0775 ( if the price action does not reach this target , bat harmonic is invalid.
there is a gap at 1.07381
Minimum requirement & Resistance1 = AB=CD ---> @1.07775
Resistance2 = 1,272 AB = CD ----> @0.96466
Resistance3 = 1,618 AB = CD ---> @ 1,02740
Terminal Bar 0.886 XA ---> @ 0.91200
Pattern target 2.0BC --> @0.88130
Stoploss 1.0XA ---> @0.82311
Potential Reversal Zone Area is between 0.886XA to 1.0 XA
Good luck
