KVE
Long

EUR/USD: Alternative Long scenario

FX_IDC:EURUSD   EURO / US DOLLAR
59 0 1
Alternative to the previous idea: Via the shark (possible completion around the monthly "up" trendline) towards completion of the possible bat...

>>> WISHFUL THINKING WARNING!! ;-)

This alternative has much better R/R than the previous one. This is an alternative scenario in case the "up" channel (blue) gets broken...
R/R on the first 3 targets can be quite tight below the March low, for the longer-term 4th and 5th target one could consider taking a wider SL below parity.

Previous long idea:
EUR/USD: Possible long-term LONG targets!

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