HilariousTrading

HilariousTrading

During the previous couple of weeks we've seen EURGBP has been rallying in the S/R zone. Taking an elliot wave move from the last breakout on resistance we can spot all five impulsive waves has been completed, and now heading to the corrective wave which currently its on it 2nd wave i.e wave B. If this follows through we might see price breaking through the first...

HilariousTrading

On the weekly Chart we can see a full completion of an Elliot wave cylcle wherefore its about to complete the "C" wave which is a shorting opportunity for next week. Although, on the monthly chart we can see a double bottom formed from the breakout of the symmetrical triangle. So we should be expecting a short bearish trend (completing the "C" wave), then we can...

HilariousTrading

On the weekly Chart we can see a full completion of an Elliot wave cylcle wherefore its about to complete the "C" wave which is a shorting opportunity for next week. Although, on the monthly chart we can see a double bottom formed from the breakout of the symmetrical triangle. So we should be expecting a short bearish trend (completing the "C" wave), then we can...