EURUSD heading above 1.2177 to terminate Wave 5 ?

EURUSD most like terminated the 4 th wave around 1.2058 and might be heading towards 1.2200/50 handle to terminate Wave 5. Even a print above 1.2177 would be good for minimum requirement, to terminate the 5th wave. If correct, we can expect a major reversal towards 1.1200 at least.

Good to sell on rallies through 1.2200/50
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