EURUSD testing and bouncing of the previous structure ?

FX:EURUSD   Euro / U.S. Dollar
On Jan 26th EURUSD             reached the lowest point for now since it's decline from 1.39s that started way back in the summer. Last weak this pair cought a little breather but now seems on it's way to test that level again.

We have both a butterfly pattern and a bat pattern that complete in the same area. The Butterfly pattern around 1.1600 and the Bat pattern around 1.1132 right at previous low close.

If this level holds, I'm looking for a 0.382 and 0.618 retracement . Stops go below the previous low, 55 pips away, for a potential profit of 110 for target 1 and 178 pips for target 2
New !!!! Crypto High Tops available now on
Do also check our brand-spanking-new Crypto Sports Edition
Check our live crypto trading channel on Twitch :
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out