EURGBP Tech. Analysis: Elliott Wave & Harmonics.
* Harmonics Pattern: Bullish Cypher
* Elliott Wave Pattern: Running/Expanded Flat in (B) (red)
* Supply Zone
* Fibonacci Extension & Fibonacci Retracement: Confluence
EURGBP Long: My Trade on the FED Press Conference (FOMC/FRED)
* Entry @ 0.85100
* SL @ 0.81500
* TP @ 0.91985
This is a trial trade for a potential swing and add longs thing.
Many pips ahead,
Richard, the Wave Jedi.
* Harmonics Pattern: Bullish Cypher
* Elliott Wave Pattern: Running/Expanded Flat in (B) (red)
* Supply Zone
* Fibonacci Extension & Fibonacci Retracement: Confluence
EURGBP Long: My Trade on the FED Press Conference (FOMC/FRED)
* Entry @ 0.85100
* SL @ 0.81500
* TP @ 0.91985
This is a trial trade for a potential swing and add longs thing.
Many pips ahead,
Richard, the Wave Jedi.
Not
OK, so EURGBP did an Impulse.I am labeling it as Minor C (white).
I have also decided to go with a Triple Three in Minor B (white).
Intermediate (B) can be a Running Flat or Expanding Flat at this point.
* Bearish Continuation:
- Running Flat at 100% Fibonacci Extension of Minors A & B (white).
- Expanding Flat at 200-261.8% Fibonacci Extension of Minors A & B (white).
* The only thing that can force Minor B (white) to further extend in its complexity would be another swing below 0.85699 . This would force more sideways movements. Must not go further than 0.84334 , otherwise Intermediate (C) (red) has already started.
* Still giving the bull a chance.
BUY ENTRY @ 0.86550
SL @ 0.83500
TP @ 0.90000 & 0.92000
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.