Looks like a reasonable turning point. We have already seen the reaction of yesterdays candle of the first pattern, retracing hard off BCD in the PRZ.
RIS BAMM pattern Divergence.
Would like to see another dip below before riding the FULL DAILY pattern, looks for trades on lower TF's
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Just a quick look today, looks like a reaction only from the 1st pattern The BAT at structure and Butterfly are completing in the same price range for confluence. The current candle has closed right on the AB=CD of the Butterfly The XAD is the last value of the PRZ for both patterns to be touched to complete
OPTION 2 If we gap through the PRZ on Monday, 90% chance a continuation downtrend and we sell on the retest of XAD :)
I have a bearish Bias on the Euro right now, so maybe at best we see some reactionary trades? A few days will tell us.
Strong Divergence and nice reaction from the PRZ.