EURUSD < 10pips from Stop Lost with 441.3 pips potential! 8/8/21

EURUSD price have broken the wedge pattern with completed ending diagonal pattern. Stop Lost either @ 1.1750 ( less than 10 pips from current 1.17587 level with potential profit of 440 pips . Meant 1.17587 - 1.1750 = 8.7 pips risk . 440 / 8.7 = 50.57/ 1 "Huge!" risk/reward ratio ) or @ 1.1700
Chart PatternsElliott WaveEnding DiagonalEURUSDriskrewardratiowedgebreakoutWedge

Disclaimer