Referring to the chart above, there's a possibility of good long setup for EURUSD.
Reasons are: 1) Wave 5 of Elliot waves 2) Bullish shark pattern 3) Price is hovering over demand zone = support level 4) Price is currently at 38% fib retracement (wave 1 to wave 3)
Take profit zone 1) 1st supply zone = the same length of wave 1 2) the 2nd level of supply zone = 1.62 extension of wave 1
Ps: Please do not take this as a trading signal. This is just our thoughts on how the market might move based on technical analysis.