regularflat

ChrisMark ChrisMark EURGBP, D, Short ,
EURGBP: EURGBP Daily Chart. Possible Regular Flat, Next drop coming?
179 0 19
EURGBP, D Short
EURGBP Daily Chart. Possible Regular Flat, Next drop coming?

Traders, EURGBP has been in Weekly correction since 07-10-2016 by the end of 5) impulsive wave. Looking for bigger WXY ZigZag 5-3-5 structure 1- W impulsive wave ( 5 wave structure) 2- X corrective wave (3 wave structure) possible Regular Flat (A-B-C circle) 3- Sell the next Y impulsive wave Watch for short opportunity after a break of the daily trendline, ...

JWagnerFXTrader JWagnerFXTrader PRO EURGBP, 90, Short ,
EURGBP: Awaiting Support Break: 7095-7110
882 1 9
EURGBP, 90 Short
Awaiting Support Break: 7095-7110

This pair appears to be nearing or has already finished a sequence to the upside that may finalize an upward double correction. We'll use the grey trend line break to determine a short term top is in place then consider short trades back down towards .69. So this is a break out trade and risk can be set just above the swing high. Longer term charts (not shown) ...

JWagnerFXTrader JWagnerFXTrader PRO EURUSD, 60, Long ,
EURUSD: 3 Waves Here, 3 Waves There
2699 7 39
EURUSD, 60 Long
3 Waves Here, 3 Waves There

EURUSD continues to carve a sequence of 3 wave moves. The pattern since mid-July shows an equal wave zig zag followed by a flat correction. Nothing earth shattering from a trading perspective as indicators are mixed which supports the idea we are stuck in a correction of which we are currently in the middle. Look for extreme edges of the range to consider ...

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