buy @ point C @ 1.1290-1.13
target above @ 1.1342 expanded till 1.1455
Stop lose below 1.1265
after confirmation of point D you can sell @ point D @ 1.1455-1.1475
target below @1.1380
stop lose @ 1.15
The final retracement wave (BC) of the bearish Downtrend generated from 4 hours time frame is forming now and the first wave of this bullish wave formed and now the retracement of this first wave is going to be formed at (38.2%) Fibonacci level , which will be the BC segment of the bearish butterfly pattern and it will gives the chance to buy at this level...
Both BAT harmonic pattern and the correction of eliot waves leads to long position specially if the price break the pivot point level (1.1315), and I do prefer to take your profit at 0.618 Fibonacci level of CD segment (1.1340-1.1345) as the pair still @ a big down trend correction that I expect will end @ 1.10 level next week.
The pivot point is 1.1345, support...