CLOSED TRADE: EURUSD: BUY@1.09610 Wave 4 retrace -68 pips

Stopped out on this trade for a -68 pip loss. What maybe happening right now is that it is making a wave 3 extension or ABC zigzag 4 with (b) dip. Will be watching to look for another good LONG entry. I am still looking at this as a wave 4 correction. But will be re-analyzing it to see. For now, on the sides.