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glennmercer
Sep 29, 2016 9:07 PM

Part 2: Combining Elliott Wave + Advanced Patterns Long

Euro Fx/British PoundFXCM

Description

We had a nice win on EURGBP earlier today by realizing a correction was in order by the wave count, then trading the correction using advanced patterns. Bullish price action is expected to continue for this pair based on the wave count. Then, stay tuned for bearish price action around the completion of the bearish bat. Stay tuned!

Comment

Deep descending triangle sparked a rally. We're eyeing a couple of great levels to short here. See updated wave count below:
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