Euro/Dollar (EUR/USD) – Upcoming Correction - Update

Updated
* Due to the fact that most of our traders got stopped out at break-even or at the Aggressive SL, we decided to follow-up with a fresh analysis and better entry levels.

Euro/Dollar (EUR/USD) – Bullish Corrective - Update:

By reviewing our levels and updating the analysis, we can spot better Entry Levels with Higher Probability.

Minor Wave B (light blue) unfolded with a 5 moves Structure, with an extension in Sub-Minuette iii (black) within Minuette (iii) (blue).
Minuette (v) (blue) also unfolded with an extension, which is most probably going to end its structure at the 61.8% Fibonacci Extensions of Minuette (iii) & (iv) (blue).
The Euro/Dollar (EUR/USD) BUY Set-up will be confirmed with the Upcoming Bullish Divergence at the specified Levels.

Euro/Dollar (EUR/USD) – BUY Levels:
(Updated)

Moderate Entry - 1.05500
SL - 1.05100
Conservative - 1.05300
SL - 1.04800

TP1 - 1.07200
TP2 - 1.07700
Trade closed: target reached

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