Contributors Technical Analysis Elliott Wave Analysis: EURGBP Trading In A Triangle Correction; More Gains In...

Elliott Wave Analysis: EURGBP Trading In A Triangle Correction; More Gains In View

EURGBP can be trading in a triangle of a higher degree, with current intra-day movement representing sub-wave d. Once leg d finds resistance, a new three wave movement may develop within the following wave e. That said more gains may follow on the pair, once the whole correction find support and fully unfolds.

EURGBP, 1H

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version