EURGBP Elliott wave trade setup

Eurgbp is about to complete a long term impulse wave. A bearish move is expected as price tries to make a major breakdown. We should expect the imminent dip to last for some weeks. This is one of our premium trade signals that we decide to share with you. Please adequate risk measure must be taken.

The chart below shows an wave analysis.

EURGBP Elliott wave analysis

EURGBP Elliott wave analysis, H1 (click to zoom)

Trade Idea:

Sell Eurgbp at 0.9186

Stop loss at 0.9274

Target 1 at 0.91

Target 2 at 0.902

Target 3 at 0.8930.

Note: Risk liability is completely on you. Maintain proper risk.

 

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