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Short

EURUSD 78.6% - CHANNEL - BAT PATTERN

FX:EURUSD   Euro Fx/U.S. Dollar
225 0 3
Currently on the euro             we have price action moving with-in a channel, interesting though each high or return to the top of the channel equals a 78.6% retracement of the previous high. For the pattern traders we have a Bat pattern moving into the D leg completion but bats typically complete at 88.6% retracement so where will it go we will have to wait and see. Either way there is a great R/R to be had providing price action doesn't blow through on to new Structure highs.
Your views are welcome, like if you agree.
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