EUR/USD Long Trade (update)

Update @ 9:24am CST: I am out for +18. I will look to get back in on a 3-wave retracement.

I was originally planning on staying in longer, but I was expecting a stronger move through the 78.6% fibo @ 1.4835. The market made three strong attempts and failed. Couple that with the MACD divergence and the clear 5-wave up pattern, and I think it's better to sit out for now.