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Elliott_Wave_Count
May 4, 2018 7:00 PM

EURGBP - Elliott Wave Analysis Short

Euro Fx/British PoundFXCM

Description

Let's go step by step. My previous Elliott Wave Count for EURGBP suggested rally up to current rate.

Now, it's good time to have an updates Daily chart.
  • We have long term Downtrend resistance in this area.
  • Elliott Wave structure
  • 61,8% Fibo resistance
  • Diagonal in Wave (C) - looks like reversal structure.

If you like my analysis, thanks for likes and comments!
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Comments
Nahmar
Excellent analysis.
Elliott_Wave_Count
@Nahmar, thanks
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