On the EURUSD we can see two patterns forming. One of them is a bat pattern and one of them is a butterly pattern. Depending on your strategy. If you have a more agressive style, you can enter the bat pattern and have a bigger stop loss. The butterfly pattern however, is perfect. It has great structure. This low of december 2015. Stop is below this price.
Entry bat: 1.0654 Entry butterfly: 1.058 Stop on both patterns: 1.0577 Target 1 on both patterns: 1.0815 Target 2 on both patterns: 1.1045
Stop are just below the lowest low about 12 months ago.