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CharlieFx96 CharlieFx96 EURGBP, 60, Short ,
EURGBP: CORRELATION - PATTERN TRADE SETUP- ELLIOT WAVE (60m)
118 0 2
EURGBP, 60 Short
CORRELATION - PATTERN TRADE SETUP- ELLIOT WAVE (60m)

Morning! Looking at the correlations in excel for today, EUR/USD + GBP/USD have a very positive correlation (93.9) for the hourly This means USD is countered, i.e it becomes EUR/GBP > also waiting on retracement from the FIB EXT level of 127.20%, this will complete D, and will be a good time to sell if the price reverses from that area. Elliot Wave - I have ...

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