lawlee9

EURUSD - Long on the correction

Long
lawlee9 Updated   
FX:EURUSD   Euro / U.S. Dollar
7
Finished a small 5 wave structure, most likely the 3rd wave. Looking for a correction to 1.05600, where we can see more downside continuation. Entry long at just above 1.04200 level.
Comment:
Few spikes against the trendline, but price came back down as suspected. We see that long bull move off the support level, which broke price out convincingly. Possible move back down to the trendline for a 2nd retest.

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