milljohner
Long

EURUSD - Bull Run to Continue Following Completion of Wave 4

FX:EURUSD   Euro / US-Dollar
I'm eyeing wave 4 to end around 1.16570 and run 1.0 of wave 1 = 1.20650; but may also be 2.0 of wave 1 = 1.24801. A length of 2.0 also has confluence of intersecting with channel boundaries in symmetrical days (30) as Wave 1.

Rues:
IF Price Action = 1.16570 AND there is a major reversal pattern or candle on 1-day or 4-hour chart AND there is some major fundamental news favoring EUR or disfavoring USD, THEN use buy stop when trend line breaks to confirm trend (~1.16799) setting TP1: 1.20180, setting TP 2: 1.24952


Good luck!
Kommentar: Should have taken my own advice! =D
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