Leg CD is half way completed. Leg AB took 28 bars, and CD is 23 bars in, so next few bars could complete the pattern. Let's see how big is the gap on Monday and its direction...
Couple of news on the Euro zone on Monday and very important ones on the US side on Tuesday (Housing Stats) so PA might be violent around them.
Numbers look like:
Entry: 1.15350 SL: 1.1630 (couple of pips from X) TP1: 1.14131 (.386CD 1.3 RR) TP2: 1.13378 (.618CD 2.1 RR)
Comment
Great recovery of the Dollar after the "not bad as expected news"... EURUSD went down +110pips, so I'm not going to say that the pattern is invalid, but i'll keep a eye on any new harmonic formation on the pair...
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.