EURGBP: down to reversal?


EURGBP: not much to add to the recent updates. The 4th wave is my preferred count - meaning that further decline to at least 0.86614 is in the cards.
Decline scenario would be invalidated over 0.89399; break below 0.86204 would be the reason to adopt the green wave C of 2 as a primary count (daily chart).

Larger degree rally scenario remains alive regardless of depth of a pullback.

BaseCase - EURGBP - 4 hr - 21-01-2019 - 1
BaseCase - EURGBP - 4 hr - 21-01-2019 - 1
BaseCase - EURGBP - daily - 21-01-2019 - 1
BaseCase - EURGBP - daily - 21-01-2019 - 1
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.


  Matched
x