tupaitrader

EURUSD 5 wave circle completed

Long
FX:EURUSD   Euro / U.S. Dollar
My elliot wave analysis and price action in the eurusd shows that the 5 wave cycle was completed. the trend is still bullish, and the price will make a correction within the 1.1250 area which is there is support area.

the other reason thatt im saying the price will make a correction before continue head up is because the price are in the overbought condition. the buy entry will be put when there are signal from the candlestick that will indicate the price will go up on the area of 1.1250. the targer price will be on 1.1315

good luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.