It looks like we have 5 waves up from the .82744 low for wave 1 and a wave 2 pullback in process.
This is not a trade recommendation but, I am looking at taking a small long position at the 61.8% retrace and adding on the break of the wave 1 high. If the larger degree count is correct then we should see a move above 1.00.
Wave count is invalid at .82744.
EURGBP 4 HR Elliott Wave Count |