The question is: If it goes to 1.122, then from where? The last call to this work as I expected is to use the 1.1007 point as impulse. Could be achieved next week, I think will make a wave first that will resemble like a pyramid and could take some time, but will have the close at that point to use it as impulse.
Many traders don't believe that EU could go up, but remember that it is resisting against all Bears.
All lines in yellow are from my plan made on JUL 4. Check it out!
These points could be passed a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, Singapore and NY- and also on News - the motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.