Wave counting analysis:In the course of trading on Monday, the EUR / USD currency pair added another 40 basis points more and continues to build the proposed first wave of a new uptrend trend. The beginning of the construction of a correctional wave 2 is still expected, but the pair easily passed the Fibonacci level of 76.4%, which leads to the conclusion that it is ready for a further growth. Under 100.0% of the Fibonacci level, there are still chances of resuming the construction of a downward trend plot with complication.The objectives for the option with sales:1.1215 - 0.0% of FibonacciThe objectives for the option with purchases:1.1500 - 100.0% of FibonacciGeneral conclusions and trading recommendations:The currency pair continues to build an upward wave, presumably the first in the new uptrend trend. However, the size of this wave is already almost 100.0% of wave 5, thus, in the near future, I expect the instrument to go down. Buying a pair is now quite risky since Brexit's uncertainty speaks in favor of a possible decline, but the situation may clear up this week. Sales are now also associated with risk since it is not known how the vote on Brexit and the UK Parliament will end.
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