Euro/usd Pending Buy
Buy order- 1.20000
Stop loss- 1.19150
Take profit – will be updating in mail
The euro seems to be having a very good run as 2018 begins to unfold. The bearish daily count is now a handful of pips away from being fully invalidated, and the market is now retesting its most significant high in two and a half years.
With all this development, my count has become pretty straightforward on both the daily and the hourly charts. And though there’s one singular aspect of this count on the daily chart that doesn’t sit very well with me, it makes everything a lot better: the pattern is clearer, the invalidation points tighter, and the targets much more well-defined.