tomj2417
Long

EURGBP - Decline due a rest

FX_IDC:EURGBP   EURO / POUND STERLING
54 0 4
As ever with Elliott wave there are alternative counts to this one that could show that my wave 3 is in fact a wave 5, but I believe this count is the more likely one as I am still pessimistic regarding the Pound and think it has lower to go yet. Of course, even if the Euro             bounces where I think it might, this could be just the start of the 4th wave correction rather than the end but I still think it will recover some of it's decline in the coming days.
Comment: ummmm.....interesting.
Comment: Currently bouncing along the 38.2 Fib retracement of the uptrend from July 2015.
snapshot
Comment: Looking for some upside to around 87, perhaps even 88 level.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out