AriasWave

EURUSD - Long Trade Idea - Wave iv Looks Complete

Long
FX:EURUSD   Euro / U.S. Dollar
It appears as though the correction for Wave iv in this ending diagonal since March 2020 looks complete.

If we break the highs I would be inclined to go long assuming that Wave (A) of the Wave v zig-zag is in progress.

Please remember to only enter the trade if the entry level is reached.

Entry: 1.21524
Stop: 1.20807
Target: 26,000 (The same length as Wave (A) of Wave i)
Risk\Reward Ratio: 6

See the full count below in related ideas.

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