In this update, you can also see I have mapped out possible double bottoms and tops which have been in sync with the pitchfork
. I have shown another harmonic
structure with the help of fibs, from point B to C is the target in order to short as I believe EUR/USD
is currently retracing. Once the breakout occurs, the target would need to pullout towards point C in order to complete the pattern in which my first target would be 1.2555.
Current point: 1.13000
Opening point: 1.13500