EricDelacrausaz

PRO
Message Follow Following Unfollow
Joined Europe
Markets Allocation
33 % forex 67 % other
Top Mentioned Symbols
ESP 66% | 2 EURGBP 33% | 1
EricDelacrausaz EricDelacrausaz PRO EURGBP, 240, Short ,
EURGBP: EURGBP Short
72 0 2
EURGBP, 240 Short
EURGBP Short

I see two options for the EURGBP: 1) A Flat correction and 2) A Triangle Minor wave 3 is complete thus minor wave 4 is underway. Wave 4 being a countertrend move will prove to have two options as listed above. I prefer to always think that the Flat will form but keeping my eye open for the potential reversal at the 0.618 level signaling a Triangle ...

EricDelacrausaz EricDelacrausaz PRO ESP35, 60, Short ,
ESP35: IBEX 35 -- 60 --SHORT
49 2 3
ESP35, 60 Short
IBEX 35 -- 60 --SHORT

On this 60 minute timeframe chart, we can see that the IBEX 35 has already began it descent.

EricDelacrausaz EricDelacrausaz PRO ESP35, 240, Short ,
ESP35: IBEX 35 SHORT - Spanish Index is at a turning point.
45 0 2
ESP35, 240 Short
IBEX 35 SHORT - Spanish Index is at a turning point.

This is my first Chart publication so forgive me if it is too busy. I use it also as a live journal and update it as the waves move. In any case, The IBEX35 is completing a triangle and wave 4 correction thus it is about to begin its move down with my TP1 estimate at 7365 and has the potential to go to TP2 at 6565. I also want to Thank all those that I ...

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