EURUSD Long
Updated
I think regardless of whether this push up to break the previous channel was a wave A or wave 1, I think we can all agree it should have at least one more push up.
I am being conservative and having my TP set at fib level 0.618, just to play it safe.
wave B just bounced right off fib level 0.50, bullish divergence as well.
I am being conservative and having my TP set at fib level 0.618, just to play it safe.
wave B just bounced right off fib level 0.50, bullish divergence as well.
Note
Exited right at 0.618. price now looks like its rejecting that very fib, but not entering EU for a little whileNote
+40 pips
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