EUR/USD still looking higher on my view
I personally think that the previous Bat got violated, cause the pair was pushing for 1.1500 (psychological level). it arrived overbough at that level @1.14938 as a high, than retreced quickly to a 0.50 fibo level, and next week it will push high again. we could put a nice 2top on the 4H chart, or it will stop @1.14758 for the BC leg of the new bat the me and you are tracking now.
if it push higher breaking the 1.15 level, we could se an AB=CD pattern ending right on the potencial area of the big bat pattern on the left.
anyway a good trade could be a buy entry on monday morning @1.1347 with SL under the 0.50 retrecement with profit @1.1475 at BC leg complition. giving a 1:5 risk/reward ratio
if it push higher breaking the 1.15 level, we could se an AB=CD pattern ending right on the potencial area of the big bat pattern on the left.
anyway a good trade could be a buy entry on monday morning @1.1347 with SL under the 0.50 retrecement with profit @1.1475 at BC leg complition. giving a 1:5 risk/reward ratio
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