Get started
glennmercer

EURGBP Short - EW, WW, Ending Diagonal, Divergence, S/R, Pivots

Short
Euro / British Pound (FX:EURGBP)  
glennmercer  
FX:EURGBP   Euro / British Pound
bearishdivergence knoxvilledivergence Divergence Daily Pivots Pivot Points Ending Diagonal EW Elliott Wave ww Wolfe Wave
0
0
bearishdivergence knoxvilledivergence divergence dailypivots pivotpoints endingdiagonal ew elliottwaves ww wolfewaves
EURGBP is completing a possible ending diagonal in a critical S/R zone. Entry below support provides a substantial R/R with possible profit targets at the wolf wave profit line and at the .5 fib which coincides with wave ((iv)) price territory. Bearish Knoxville divergence combined with two unhit daily pivots will likely drag the pair down from current levels.

Related Ideas

glennmercer
EURCAD Short - Rebound to Pivot Take 2
glennmercer
Short EURGBP On Rally
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.