EURGBP - Wait for pullback to end before buying
מעודכן
I think we finished a large ABCDE Triangle at 0.8655
This move higher therefore should be wave 1 of an impulsive wave.
We are nearing it's termination point as we can count 4 waves already and making wave ((v)) as an ending diagonal it seems.
This means, once this larger wave 1 ends, we will see price pullback in a 3waves move lower, ideally to the 0.618 Retracement level before going up higher for wave 3.
Trade Setup :
* Entry : Pending around 0.8759 - 0.8713
* Stop : 0.8654
* Target 1: 0.9024
* Target 2 : 0.9098
* Target 3 : 0.9190
This move higher therefore should be wave 1 of an impulsive wave.
We are nearing it's termination point as we can count 4 waves already and making wave ((v)) as an ending diagonal it seems.
This means, once this larger wave 1 ends, we will see price pullback in a 3waves move lower, ideally to the 0.618 Retracement level before going up higher for wave 3.
Trade Setup :
* Entry : Pending around 0.8759 - 0.8713
* Stop : 0.8654
* Target 1: 0.9024
* Target 2 : 0.9098
* Target 3 : 0.9190
הערה
This alernate count suggests we are in wave B of an Expanded Flat, meaning we will see one more push lower before going up.Notice, consider a new entry zone as price might turn at/before 0.8810.
הערה
Weekly countהערה
Daily countהערה
The alternate count is invalid as price moved to much to the upside.הערה
Opening long position 
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.