[EURUSD LONG] Very strong pitchfork is developing, next wave up

We are at the bottom of the EURUSD range. Bulls are defending the 1.216x level very strong and price action suggest that the continuation of this uptrend is on the way.

This pitchfork looks good for the following reasons:

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This is a 5 star opportunity. You can make 3 times your risk.

Comentário:

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The pitchfork looks great for the following reasons:

* Several retests of ML
* The drop from pivot 2 to 3 has been relatively symmetric to the line that joins pivots 2-3
* Price has already tested the lower parallel

Comentário:

There's room for price to go to 1.216x so wait until a breakout of the black line happens