The forex forum is now taken over by crypto tokens so I doubt anyone is interested in fiat currencies any more ... but anyways.
This is the eurusd intraday. Caught most of this move (almost 200 pips). It is 2 standard deviations and is 2-3 strong algo's in competition over price. I've seen enough of them (on all time frames) to know. It is either the middle of this top (which is typically where I see them, roughly symmetrically centred in time) or marks the end. Signal analysis see this as a harmonic all the time (aka HFT). I am thinking down but needs confirmation from the USDx chart which I am not seeing. The lead up into limit orders was textbook looking for a top, but then this happened so now I wait and see.
