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Flash430

EURUSD buy below 1.2300 use stop 1.2230 take profit above 1.2600

Long
Euro / U.S. Dollar (FX:EURUSD)  
Flash430  
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Technical Indicators Wave Analysis
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chartpattern indicator waveanalysis
May have just finished wave d (up) within larger wave 4 triangle. Expect three legged setback in coming days to 1.2260-1.2300 zone to complete final wave of the triangle (e) before an impulsive wave 5 higher to test 1.2600+. After that expecting a much larger setback in the EUR (USD strength for weeks/months)
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