chessnut

EURGBP EW Analysis - clear triangle form.

Short
FX:EURGBP   Euro / British Pound
5
Im going to start tracking my next assault on the forex, and this is as good as they come. This triangle has great form, when wave e tops around 0.72 An excellent opportunity to short with stops above 0.7388 will materialise. Targeting new lows offers great reward. This could easily be catalysed by a greece default. Triangles are terminal moves so this mover could hit bedrock.
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.