EURUSD 1W Large Bullish Scenario

Overview:

• This chart is showing signs of a potential large bullish wave
  
• we analyze now the Wave Three 'III' ( the green one) from the big 5 impulse wave.
  

Expectations:

• Wave 1 is not yet finished
  
• Once the price rises above the entry point, Wave 1 is expected to continue rising and end around 1.12298
  
• After Wave 1 is complete, Wave 2 will start and is expected to end around 1.098
  
• Once Wave 2 is complete, an extended Wave 3 is expected to occur
  

Note:

• This scenario is just one of the analysis scenarios and, in my opinion, it is unlikely to happen.
  
• For more information, please check the monthly analyses and other scenarios.
  

Trade closed manually