Chart tells the story quite accuratley. 5 wave impuls lower has ended. Market is going to make an important Higher Low. I see a new impuls higher has started with the fundamental "May speech" shift, i am looking for a corrective type of move towards 1.22/1.2250 for a long entry with a stop at 1.21. My first target is 1.28 and eventually i will let a part of my position run to 1.30. I like this setup, and i am looking forward to trade it with an R:R of 1:6.
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