Wednesday, January 1, 2020

#EURGBP 4 HR #ElliottWave Count

EURGBP 4 HR Elliott Wave Count

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
EURGBP 4 HR Elliott Wave Count