Hi guys , i see EURUSD starting a bullish rally from this point up to a high level.
I would recommend buying it with a small sl under this low point and aiming for 1.28
Momentum looks like its lost from bear side and looks good to go up.
I will post updates of the wave counts during development but this looks like a good entry to start it.
If price makes a new low , try to find another entry (I really see this as the end of bear party).
You can check my previous idea of EURUSD down here.
Goodluck!
I would recommend buying it with a small sl under this low point and aiming for 1.28
Momentum looks like its lost from bear side and looks good to go up.
I will post updates of the wave counts during development but this looks like a good entry to start it.
If price makes a new low , try to find another entry (I really see this as the end of bear party).
You can check my previous idea of EURUSD down here.
Goodluck!
Trade active
Comment:
Looks like the reversal has began , i'll post a new chart and let you know my expectations.
An ending diagonal seems to be forming therefore i would recommend to wait and buy few pips lower.