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.