EUR/USD Bullish Reversal Pattern Targets 1.1695Euro/US DollarFX:EURUSDRSI_ENTRY_POINTThe EUR/USD 30-minute chart shows a completed ABCD harmonic pattern with a sharp bounce from the 1.1600 support zone. Price action suggests a bullish reversal toward the projected target of 1.1695, supported by strong demand at point D and a break above minor resistance. Traders may watch for confirmation on pullbacks before continuation. 1. Pattern Structure – ABCD Harmonic The chart outlines an ABCD harmonic pattern, with points labeled A, B, C, and D. Point D aligns with a strong horizontal support level around 1.1600, suggesting a potential reversal zone. 2. Trend Context The pair had been in an uptrend from August 6–8, followed by a correction forming the ABCD structure. The correction ended with a sharp drop from point C to D, creating an oversold condition. 3. Support & Reversal Zone Point D is positioned at a confluence of prior lows and trendline support, increasing the probability of a bounce. The recent candles show stabilization and early bullish pressure. 4. Projection & Target The pattern projects a potential upward move toward 1.16952. This aligns with previous swing highs and offers a realistic short-term bullish target. 5. Trade Implication A break above minor consolidation near 1.1625 would add confirmation. Risk management should place stops below 1.1600 in case of a false breakout.