I use harmonic patterns with 2 conditions, first, long term must be wave 4 complex forms, second, inpuls 2 waves vs. inpuls 2 waves look RSI for details.
Alright! Let’s play patterns, happy halloween!!!
Blue patterns are BATMAN patterns.
White pattern is a WHITE SHARK pattern.
Light blue pattern is a cypher pattern .
Green pattern is forming now, and it looks like a bigger BATMAN pattern too.
Good luck !
Green D leg is 1.618 targeting 1.0500 and below new low 1.0400 could be over shot. I suppose FED will rise rates in Dec. 2015 for triggering this D leg.
After NFP and BOE this one crossed trend line 1.06 area was reached now look at DAX this maybe reach 1.04 area. See my another chart for details.
Let’s be realistic, ok? All patterns point to 1.03-1.04 area DO NOT LONG untill targets being reached.
I add a word, stock markets have one more last impulse for long trap and cover short so be careful with that.