Price has formed a new high at 111.352 and seems like it is on its way to entering our 61.8% fib region. There isn't much to say about this move because its rather simple, lol. The 2618 trade may play out once we get some strong bullish power at that fib region to complete the C leg of the AB=CD harmonic pattern. Profit targets for me are the D leg and D extension 2 -61.8%. Enjoy!
Trade closed: target reached:
AB=CD pattern has been completed as the D leg extension has been achieved. Happy trading folks!