TradingSyncBrian
Short

Bat Harmonic Pattern

FX:EURUSD   Euro Fx/U.S. Dollar
The EUR/USD             will likely continue to be bearish throughout the rest of the decade. It appears that the Euro             will continue to drop in value for the next few years. The Euro             is currently trending at 1.0642 on November 22, 2015. I believe that by 2020 or sooner it will at about .8500 ow lower. However, once it reaches that point, I believe it will recover and rebuild due to the a massive bat pattern forming on the monthly chart. If this bat pattern fails than I would seriously be worried about the future of Europe, and really the world. If the Bat pattern fails then it is likely to continue to become a Crab Pattern which would complete with the EUR/USD             at about .4000. A scary thought in terms of the entire international party, luckily I do not believe this is the case, it appears that the bat pattern is the most likely to become true. There is also potential for an ABCD pattern to be forming as well, however that would be completing right now and the pair still seems very bearish overall.
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