We have a simple Regular Flat here. B rejected the 88.6 fib retracement of A length. Target is 1272.% extension of AB somewhere 1.1840 - 1.1850.
If price rejects 0.7347 at the completion of Bearish Bat harmonic pattern and also to complete wave 5 of A in the ABC correction, we might have a possible Inverse Head & Shoulder classical chart pattern if and only price goes down to make Right Shoulder somewhere in between 0.7200 - 0.72250.
A completed harmonic pattern bearish bat with 1hr formed as bearish engulf. Expecting a 3 waves pullback towards 38.2% fib retracement before going further upside in 1.34xx region.
Price broke and close above neckline of a classical chart pattern Inverse Head & Shoulder. Expect a small pullback before price continue to the upside.
ABC Correction completed. A potential Bullish Shark identified (black) and looks like price formed a potential left shoulder and head. Let's see if price goes down towards 0.7110 and if it bounce from there, expecting price to go around 0.7225 to make the right shoulder.
The pair could either end this ABC correction somewhere in the blue box and turn lower towards 0.69xx or this could be a start of a bigger correction.
ABC Correction is now done with 4hr candle formed as Bullish Engulf.
Expecting a move like this on this pair.
EUR/JPY made new high, only make sense that EUR/USD ABC corrective move ended at 1.1525. Visible here is one bearish bat harmonic pattern to be completed between 1.1709 - 1.1725. Stop Loss would be few pips above 1.1733. Whoever missed the Long trade, may look somewhere 1.1650 - 1.1625 to go Long towards 1.18xx
After 5 waves to the upside, now price is making a pullback.
Price has or may already made 5 wave impulse and daily closing it formed an Bearish Evening Star candle pattern. Price expected to make a larger 3 waves pullback.
Price is making a decline of 5 waves. A potential Bullish Butterfly to be completed between 0.8840 - 0.8812.
After price declined in 5 waves, price is expecting to make a bounce for a correction before declining much further down.
Price now are still making ABC correction after a 5 wave impulse towards 1.1730. On hourly chart, one harmonic pattern Bullish Crab were identified point at the completion of 1.1450 which it could be the completion of C.
After price broke out of the Bull Flag chart pattern, price are making a pullback and seems to be retesting back the broken TL. Price currently at the 50% fibonacci retracement from low of 28th Aug to peak of 6th Sept. Expecting price to bounce very soon.
The latest movement shows, it could be a possible Regular Flat ABC to complete the last C of B before price making way upwards.
Visible here is a Falling Wedge chart pattern. Still possible for another low before price continuation towards 134.50.
In my previous post on the Daily chart. price are making way to 1.20xx to make Zig-zag of B. As of right now, after 5 waves impulse to the peak of 1.1730, price now is making a 3 waves pullback of ABC. Here we can see B has been made and expecting price to go lower towards the blue box before we can see a resume towards 1.20xx to complete B of the zig-zag.