 Welcome traders to another Intraday Waving Ours session with me, Patrick Munley. I want to revisit the euro dollar here. It looks like we could have the major wave 4 low in place. We have made an impulsive move off the 117 level, which is subdivided nicely. Initial five waves into our first wave high, corrective move, wave 2 subdivided nicely as well into a wave 3 high. And we've now started a wave 5 extension to the upside. Once we get through this 129.5, we should be able to target a move up into the 122.13 area where I look for a wave 5 high to be posted. And then we'll be looking for a three wave corrective move to set long positions to join the major trend. As always traders, plan the trade, trade the plan, manage your risk.