BIG's chart pattern resembles that of BAT's XABCD harmonic pattern where point D is most probably the Potential Reversal Zone.
The probable EP would be at 0.825 (current price) and the probable initial TP would at 1.075 which is the daily pivot level and was tested recently. 1.075 is also a yearly pivot resistance. The probable CL would be below Point D.
The probable EP would be at 0.825 (current price) and the probable initial TP would at 1.075 which is the daily pivot level and was tested recently. 1.075 is also a yearly pivot resistance. The probable CL would be below Point D.