EURUSD Wave 5
Based on Wave Analysis, Since April 24 I see this pair move in the public participation phase and bullish as primary trend, last week has been completed corrective wave 4 confirmed by candlestick form inside bar. I expect price will continue move on Wave 5. That mean we still have opportunity to open buy transaction on this pair before make a corrective move at higher degree.
Plan:
Wait until price make wave 1 and then 2 and consider to looking for price action at the end of wave 2,
Area of target of wave 5 : 1.149xx
Based on Wave Analysis, Since April 24 I see this pair move in the public participation phase and bullish as primary trend, last week has been completed corrective wave 4 confirmed by candlestick form inside bar. I expect price will continue move on Wave 5. That mean we still have opportunity to open buy transaction on this pair before make a corrective move at higher degree.
Plan:
Wait until price make wave 1 and then 2 and consider to looking for price action at the end of wave 2,
Area of target of wave 5 : 1.149xx
Plan :
Wait until price make a sharp correction for wave 2, it can be a zigzags. And then consider to looking candlestick form at golden ratio fibonacci 50% / 61.8% / 78.6% to open buy position