EURUSD Buy setup, 1H

FX:EURUSD   欧元/美元
EURUSD has rallied from 1.1550 on a very sharp and almost vertical impulse which is not finished yet. The pair can easily reach the 1.1900 area where the 0.618 Daily Fibo retracement and some price resistance are waiting. The current analysis shows the wave "4" has finished at 1.1755 and we have a buying opportunity where shown in the chart to get wave "5" which is unfolding to extend to 1.1900.
评论: The pair is now reached to buying zone.
评论: SL 1.1750
评论: SL can move to entry
交易手动结束: Euro continued lower and we exited with no loss.
You need to check your fib's on the EW count -
ELWave donaldsaw
@donaldsaw, True, but in my count the impulse is not over yet.
@ELWave, I can see that but best to check your main impulse count + your subwave impulse count via fib's like I have.
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