EURGBP - Why I like Elliott Wave

3 Nis 2016

No technical analysis tool is perfect and Elliott Wave can be subjective at times. But when I see patterns like this combined with such overbought signals it offers me a good entry where I can use proper money management. We will see if this reverses here this week.

4 Nis 2016

Not

Nice move down. Is it just a correction or a larger move south.