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Long EURUSD - 5 Reasons

Long
Euro / U.S. Dollar (FX:EURUSD)  
glennmercer  
FX:EURUSD   Euro / U.S. Dollar
EW Divergence knoxvilledivergence Pivot Points missedpivots Elliott Wave Trend Lines support USD (US Dollar) EU
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ew divergence knoxvilledivergence pivotpoints missedpivots elliottwaves trendline support usd-us-dollar eu
Long EURUSD for the following reasons:

1. Coming up on long-term trendline support
2. Bullish Knoxville Divergence (Momentum Divergence + RSI Oversold) printed on 15m and 1HR charts
3. Price closed above 12 hour trendline
4. Unhit daily pivot and an unhit pivot cluster sit above price, acting as high probability reversion-to-mean targets
5. Elliott Wave count suggests an impending correction

Long term support TL:
snapshot

Missed/Unht Pivots:
snapshot

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