(Daily) Breakout Projection // Harmonics // AB=CD // IF=THEN ®

FX:EURUSD   Euro / U.S. Dollar

The breakout projection can be measured in consideration of the length between the lower low and higher high, in this case is synced with 161% extension from A to B leg. Also the much desired parity at our feet ;)

Bearish RSI divergence at previous Support/Resistance price zone;

Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
TP1 38.2% AD
TP2 61.8% AD

Check previous published idea, 1h chart double top:

Safe Trades;

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