Short Update on the EURGBP 
EURGBP
Everyone who took this opportunity can put his Stop-Loss on Entry immediately!
This uptrend has been way more volatile than a lot of people expected, even for me this situation is a bit suprising.
Wave 2 retraced to the absolute bare minimum (0.236 Retracement) and i expect that we already started the Wave 3.
Sadly the risk in this trade setup would have been way to high and because of this i couldn't announce any re-Entry's.
Stay tuned and pay attention in this market situation, if i find profitable opportunities i will announce them immediately
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8771
EURGBPEveryone who took this opportunity can put his Stop-Loss on Entry immediately!
This uptrend has been way more volatile than a lot of people expected, even for me this situation is a bit suprising.
Wave 2 retraced to the absolute bare minimum (0.236 Retracement) and i expect that we already started the Wave 3.
Sadly the risk in this trade setup would have been way to high and because of this i couldn't announce any re-Entry's.
Stay tuned and pay attention in this market situation, if i find profitable opportunities i will announce them immediately
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8771
Trade active
Position is open and the Stop-Loss is on entry...
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.