EU has broken out of a symmetrical triangle toward the upside and we could be possibly looking at a 5 wave motive with a 5-3 subdivision character. Looking to let the 4th wave play out and enter for the 5th wave.
The target is 1.12300 and not 1.12400. should price break above 1.12400 we may need to prepare for a longer term of bullishness.
If you enjoyed this setup please let me know in the comments section, I would highly appreciate it.
Trade closed: target reached
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Fifth wave target hit. Trade entered manually after failure of pending order @ 1.10400 Was not triggered.