Don't go long just yet though, we have a Draghi speech tomorrow which could have an impact on price action. I'd wait for either a good confirmation and entry signal, either a completion of the second pattern.
There might not be that much upside to the EUR with the kicking in next week.
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Given the weakness of the EUR in the last couple of days, we might see prices descend and complete the 2nd bat pattern as well, so I'm sitting on my hands on this one waiting for a good entry.