Market is sideway but it looks want to go up today
EURGBP May 7, 2020
BIG PICTURE : MARKET IS SIDEWAY.
As elliot wave expert, I see EURGBP looks like complicated correction ( I assume it will performing WXYXZ minor wave B of intermediate wave 4 ).
If I put 2 trendlines and draw supply demand zones , it become clear, price get push to keep going up.
Key notes :
The wave x minute seems will making zigzag pattern ABC 5-3-5. I predicting , price will continue up until reach 0.88652. And 0.87510 as entry poin to open long position .
** I hope my simple explanation can you understanding . However you can inbox me if you interesting to learn from me about elliot wave. i wish you follow me . Thank you
BIG PICTURE : MARKET IS SIDEWAY.
As elliot wave expert, I see EURGBP looks like complicated correction ( I assume it will performing WXYXZ minor wave B of intermediate wave 4 ).
If I put 2 trendlines and draw supply demand zones , it become clear, price get push to keep going up.
Key notes :
The wave x minute seems will making zigzag pattern ABC 5-3-5. I predicting , price will continue up until reach 0.88652. And 0.87510 as entry poin to open long position .
** I hope my simple explanation can you understanding . However you can inbox me if you interesting to learn from me about elliot wave. i wish you follow me . Thank you
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.
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.