Short Update on my expectations in the EURGBP.
EURGBP
Everyone who missed out on the Long 1# can now try to participate in this uptrend.
The last weeks have been incredibly impulsive and currently we are holding a gain of +331 Pips on the first long.
I am expecting that we have finished the small Wave 2 and are now starting the Wave 3 of Wave 3.
Its suprising that the EURGBP only retraced to the bare minimums of the Retracements.
Keep in mind that i only take this trade because i already have my first position, manage your risk!
2# Long
Entry: 0.9187
Profit Target: 0.9678
Stop Loss: 0.9108
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8876
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave Theory, feel free to contact me.
EURGBP
Everyone who missed out on the Long 1# can now try to participate in this uptrend.
The last weeks have been incredibly impulsive and currently we are holding a gain of +331 Pips on the first long.
I am expecting that we have finished the small Wave 2 and are now starting the Wave 3 of Wave 3.
Its suprising that the EURGBP only retraced to the bare minimums of the Retracements.
Keep in mind that i only take this trade because i already have my first position, manage your risk!
2# Long
Entry: 0.9187
Profit Target: 0.9678
Stop Loss: 0.9108
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8876
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave Theory, feel free to contact me.
Trade active:
Both trades are currently open!
Order cancelled:
Stop Loss has been reached - 78.6 Pips lost
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
This is a profit of ca. 79.5 Pips, so my loss from this trade has been eliminated!