Timeframe: 4h
EURUSD has accomplished its corrective wave (4) and started rising for the impulsive wave (5). Prices are moving above 200 EMA, which signals bullish momentum. EURUSD has formed a correction, and a breakout could lead to further uptrend continuation.
There are two ending points of impulsive 5 for corrective reversal:
1) 1.618% of wave (4) at 1.08945
2) 2.618% of wave (4) at 1.11494.
I will update further information soon.
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Good work DEV.
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waiting for the breakout and confirmation of bullish bias.
love this. thanks for publishing quality content in this sea of filth
interesting! thank you for the update.
🎯💡