$EURUSD Long Entry Established

To early to see whether to the current rally is a larger 4th wave counter trend bounce or the beginning of an even larger degree 5th wave higher with a target above 1.2091. Right that doesn't matter as they both require a move higher. 2 mini lots established at 1.1709. A new low below 1.1695 and the trade is wrong. 1.18 in short order is not far fetched.