On FX:EURUSD, the market has no direction bias. It moves sideways, where Bat pattern appears, which is a great opportunity for entry. This set-up gives us nice risk/reward.
As it can be seen that, the price already hit D leg at 88%, retraced the market. Aggressive traders can enter market, while more conservative traders wait patiently to make double top at 88% and then enter. T1 - 382% T2 - 61.8%