EURUSD - BUY IDEA

I'm seeing a strong setup for a long position on EUR/USD in the 15-minute timeframe. The recent correction down to wave (4) seems to have set the stage for the next bullish move. As the market gears up for the final push, I'm targeting the 1.618 Fibonacci extension level at 1.11871 as a key potential take-profit zone.

This is the anticipated wave (5) in the sequence, which typically marks the final leg of an impulse wave. The confluence of technical factors suggests that the upward momentum could carry the price toward this level, offering a solid opportunity for a long trade. I'll be closely monitoring price action as it approaches this target, ready to capitalize on any further bullish developments.