Elliott Wave Training

Are you looking to learn the Elliott Wave principle? Or maybe you already have some experience and want to find the ways to improve your skills better.

Click on this post for details:

http://wavepatterntraders.blogspot.com/2012/04/elliott-wave-training.html



Showing posts with label EUR/GBP. Show all posts
Showing posts with label EUR/GBP. Show all posts

Monday, February 27, 2012

Elliott Wave Analysis of EUR/GBP


From a thrust for the triangle this would look much better with a new high and setup for a big reversal lower, its tough to label it completed from the wave [e] of the triangle, but if this pukes much lower then going to have to force the count

Holding around the 382 retrace of wave [iii] is good as it suggests a wave [iv], a strong break under 0.8400 will suggest something more Bearish

Bulls need a break back above 0.8484