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Boahfx
Jul 11, 2021 11:48 PM

EURUSD LONG TERM BUY SETUP Long

Euro Fx/U.S. DollarFXCM

Description

The Fiber has just completed a 12345 impulsive long move and a bigger335 running flat correction on the daily. Divergence was identified on the daily timeframe and a breakout of structure on the 1hr time frame. At this point EURUSD is ready to start a new WAVE 3 impulsive move on the weekly timeframe .

SL @1.17585 and 1st TP @1.22581
NB: Do not risk more than 1% of your equity per trade(Position sizing)

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