buy eurusd whilst risking 22pips for 100pips. using channeling technique, wave V is projected by joining the lower chanelling line through wave II and IV and extending the upper channel line to wave III. wave V is the last wave of the 5 impulse wave to form wave 1 of major wave 3. a downtrend to at least 32.8 of this monthly bullish wave is expected after completion of wave V