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PipsUniversity
11 Th05 2016 23:20

EURGBP - Bearish Gartley Into Wave 4 Before Catching Wave 5! 

Euro Fx/British PoundFXCM

Mô tả

We have a nice potential Gartley about to complete around 0.79284, you can look to sell right there with your stop loss at 0.79550.

Your first take profit on this one will be 0.78660.

Once you close that trade, you should be looking to buy EURGBP into around 0.80000 which will most likely be the completion of wave 5.

Good luck! (Wave count may be wrong, however the Gartley still looks like a solid sell for everyone.

Watch out for GBP news tomorrow!

If you are in profit tonight around 30 pips, put your stop loss at break even so that way you can ride it through the news tomorrow.

Bình luận

Expanding Triangle/Wedge in play now, looks to be heading down to 0.74, only look for sells at this point.

Will update charts in a few hours.
Bình luận
rgonzal
good stuff man
PipsUniversity
Thanks! Who knows what the GBP news will make it do though, it'll probably blow this analysis up but, as of now this looks pretty solid.
PipsUniversity
alexsteeg
I love this! thanks for the update on this pair
PC_8009
potential bat in play and C leg of ABCD
Laurence
Thank you for this.
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