EURGBP - Jumping on the train
Short Update on my expectations in the EURGBP. 
EURGBP
Everyone who missed out on the Long 1# can now try to participate in this uptrend.
The last weeks have been incredibly impulsive and currently we are holding a gain of +331 Pips on the first long.
I am expecting that we have finished the small Wave 2 and are now starting the Wave 3 of Wave 3.
Its suprising that the EURGBP only retraced to the bare minimums of the Retracements.
Keep in mind that i only take this trade because i already have my first position, manage your risk!
2# Long
Entry: 0.9187
Profit Target: 0.9678
Stop Loss: 0.9108
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8876
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave Theory, feel free to contact me.
EURGBPEveryone who missed out on the Long 1# can now try to participate in this uptrend.
The last weeks have been incredibly impulsive and currently we are holding a gain of +331 Pips on the first long.
I am expecting that we have finished the small Wave 2 and are now starting the Wave 3 of Wave 3.
Its suprising that the EURGBP only retraced to the bare minimums of the Retracements.
Keep in mind that i only take this trade because i already have my first position, manage your risk!
2# Long
Entry: 0.9187
Profit Target: 0.9678
Stop Loss: 0.9108
1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8876
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave Theory, feel free to contact me.
Trade active
Both trades are currently open!Order cancelled
Stop Loss has been reached - 78.6 Pips lostNote
I am taking 33% of my last Long position out...This is a profit of ca. 79.5 Pips, so my loss from this trade has been eliminated!
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.