Fomenka

EURUSD three scenarios / plan for next week

Long
FX:EURUSD   Euro / Dollar Américain
The quick analysis indicates 2 possible scenarios (ABCDE and ABC expanded flat) marked in grey and green respectively.

ABCDE also has a sub scenario in which the price can retrace below the previous low (C).

My preferred count is ABC flat. The strategy is simple - buy every dip to 1.11 but phase in gently and start phasing out when price exceeds 1.10700

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