I am looking at a possible large bearish triangle to complete (daily chart). IF this is the correct operative pattern, then ideally Euro should push a bit higher in the 1.13 -1.14 area ( Bearish Bat for advanced pattern traders / important structure area) This would complete wave c of E (green colour) and then set the stage for a big move down to the parity level !!! Break of wave C high would seriously challenge this interpretation but 1.1714 is the point of invalidation of this triangle !!
Would appreciate any comments ! Thanks and have a nice day.
Would appreciate any comments ! Thanks and have a nice day.
