With the 2nd Elliot wave just at the 61.8 fib level, and showing 2 consecutive green candles, this one is just waiting to break out to the upside. a 40 pip risk for a good 70 pip reward. Capture the 3rd elliot wave with first targets at 1.3725 which comes in good resistance and fib levels
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.