Simple chart analysis EURUSD update.

Chart is going as predicted. It already went above H. peak and will need to reach more to do the 3 to 4 of fibonacci.

• For a well E.W. structure, point 4 can't touch point 1. If a bearish peak does it, then it will form another wave and much higher.
  
• I'm expecting that fifth peak will be below 400%. Maybe 338%
  

Trade active

Trade active:

I jumped the first small wave thinking E.W. will not accept it. But following it, makes chart already reach the limit. Knowing this, chart may go short on news, but if I was right from the beginning, chart will go long.
What do I think?
USD will go long.
play wise guys.

Trade closed: stop reached:

Chart formed an Head and Shoulders pattern and went bearish. It followed the first wave then.

Trade active:

I found the E.W. of the recent downtrend. It will go more bearish.

Trade closed manually:

By adjusting the fibonacci on 100R, I nottice that chart touched the 300%. Therefore, this trade will be closed manually.