Stay tune for next week to see more updates.. =)
Currently the retracement has hit 78.6, So I happens to draw out a Bearish ABCD Pattern.. which the price should reverse and move up after touching 78.6 level... If price doesnt break the high of Point B, it may evolve into a Bullish Bat..
For the time being just ignore the Bat, let see how this ABCD Works on Monday..
Things have been working well so far... Price for EU is heading up.. In 1H Chart found a Bearish Shark.. Which Shows price is heading to a possible target of 1.339. Thereafter a retracement should take place. If uptrending is strong, price will push back up after the completion of the retracement.. Looking at the above ABCD Pattern, to have it valid, price is prefer to close above 1.37 level =)