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Well it seems to have pinned off prz and tested all lines within
need it below 1.3049 for confirmation of down move. 1.3049 is low of terminal price bar on m15
OK, so here we have some context to describe some possibilities as outlind by harmonics, of the next move at a critical point in eur/usd.
Chart one shows the d point which we are currently retracing from. As you can see ,we have two d points, one belonging to a shape within a shape. There really is enough confluence here to expect a larger move than .382 of the swing up. The d points line up. it all is very bunched.
Chart two shows a bullish bat, really a continuation pattern at tops. A retracement shape that could help define the depth of down move before new highs are made.
Having done all this, i imagine a stop grabbing move to 1.3160 is not out of the question first!
