ETH/EUR: Upleg Continues - Target 1 500 €

Just thought I'd share my latest ETH/EUR chart.

We got quite a deep dip in the last 24 hours. On the USD chart, the local impulse broke, as (4) went lower than (1), making it a diagonal. On the EUR chart however, it didn't break. The two usually go hand in hand, though, so we'll see who follows who.

Also, ETH likes extended fifths, so it is possible we stretch to the 1.0 extension of wave I (white horizontal line) - if that's the case we would have great confluence for the rest the degree.

ETH has been playing nicely with my leveraged trades. Got filled at 602 € for this next upleg to (5), and I intend to take profit at the levels in the box, and tranche in again as we approach circle 2.

And yes, if there is a time to use leverage, it is when a chart looks like this. With stops of course. And that wasn't trading advice.