Dollar weakness has caused for the euro to surge. My initial analysis was the daily wave formation. Currently in W5. I drilled down to the 4hr and 1hr to identify a pennant, which is idle for trend continuation. Fast forward an imperfect head and shoulders pattern. Entry around the 1.22 zone target set a 1.24. 2nd position opened, i'm going to trail and squeeze as much, likely to close at 1.25.
#TheBearringtonTrader
#TheBearringtonTrader