Short Update on the EURGBP
EURGBP
Everyone who took this opportunity can put his Stop-Loss on Entry immediately!
This uptrend has been way more volatile than a lot of people expected, even for me this situation is a bit suprising.
Wave 2 retraced to the absolute bare minimum (0.236 Retracement) and i expect that we already started the Wave 3.
Sadly the risk in this trade setup would have been way to high and because of this i couldn't announce any re-Entry's.
Stay tuned and pay attention in this market situation, if i find profitable opportunities i will announce them immediately
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8771
EURGBP
Everyone who took this opportunity can put his Stop-Loss on Entry immediately!
This uptrend has been way more volatile than a lot of people expected, even for me this situation is a bit suprising.
Wave 2 retraced to the absolute bare minimum (0.236 Retracement) and i expect that we already started the Wave 3.
Sadly the risk in this trade setup would have been way to high and because of this i couldn't announce any re-Entry's.
Stay tuned and pay attention in this market situation, if i find profitable opportunities i will announce them immediately
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8771
Trade active:
Position is open and the Stop-Loss is on entry...
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.