The pair completed Bear Bat pattern with 4hr timeframe candlestick formed as Evening Star. Also visible in the chart is an Ascending Triangle forming.
Technical Strategy: To Short at current price with Stop Loss few pips above X with target Take Profit 38.2% - 50% fib retracement of AD move.
In my previous EUR/USD idea posting, i described a potential H&S. Here i update with a Bear Bat harmonic pattern.
Strategy : Short at 88.6% fib of XA somewhere 1.1932 with Stop few pips above X at 1.1962. Take Profit would be 38.2 - 50% fib retracement of AD.