EURUSD - Preparation of terminal thrust

Current scenario seems to be a corrective move , that too in a triangular wave structure before the currency prepare gives a terminal thrust to complete its 1-2-3-4-5 impulsive wave. As of now the price will move up & likely to face resistance near the zone of 1.18500 which will complete the wave - d of the triangular wave. After facing the resistance , the currency pair is likely to take a support near the level of 1.1800 which will form the wave - e .

After the completion of wave - e there will be another impulsive terminal thrust to complete wave (v) of 5 .

Comment:

The terminal thrust has completed it minimum criteria confirming the TOP in EURUSD. Now the downside journey will begin in the pair EURUSD

Comment:

however, the final confirmation will be there , when level of 1.1782 will be broken on the downside.

Trade closed: target reached