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KevinSinghDhaliwal
Oct 1, 2016 8:39 PM

EURGBP Potential sell setups based on elliot and harmonics 

Euro Fx/British PoundFXCM

Description

Hello everyone, first of all ignore my elliott wave analysis as I am making decisions based on harmonics and other analysis as well plus this is the first time I have published chart with waves :D
So we have few things going on, looking on weekly timeframe this pair could have finished basic five wave and could be getting ready for BC from ABC. Also the wave five looks extended on bigger timeframe.

On shorter timeframes we have potential AB=CD and also few harmonic patterns in play almost ending in same place. Wave 4 could still finish where potential ab=cd and harmonics are finishing.

My entry is still not filled it would be around 0.86. Even though I am bearish on this pair this could still head higher.

Would appreciate any feedback on counts or general opinion on this pair.

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Comments
AlMak

I bear, the price rebounded from the channel and the level of the strong, but can be a little grow.
KevinSinghDhaliwal
well here we go :)
sanmed02
nice view !!! EURGBP still bullish and still we will porbably seee 87 ! ;)
KevinSinghDhaliwal
Lets see :)
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