Hello fellow traders. I want to share with you some Elliott Wave charts of EURGBP which we presented to our members at Elliott Wave Forecast. You see the 4-hour updated chart presented to our clients on the 01/26/19 below

EURGBP unfolded as an Elliott Wave Zig-Zag structure from 01/02/19 peak. Decline from there ended black wave ((a)) at 0.88768 and wave ((b)) bounce ended at 0.89840. Black wave ((c)) of red wave W should end soon as it has reached our blue box area. This area comes at 0.87477-0.86019, which is 100% –  161.8% Fibonacci extension from black ((a))-((b)). Pair should rally in the sequences of 3-7 or 11 swings to correct the cycle from 01/02/19 peak.

EURGBP 01.26.2019 4 Hour Chart Elliott Wave Analysis


In the Elliott Wave chart update below, you can see that black wave ((c)) of red wave W ended at around 0.86153 low. Above from there, it started the expected bounce in red wave X. Due to the right side tag against 0.91161 peak and the bearish sequence tag, we advised members that selling EURGBP in the sequences of 3-7 or 11 swings will be the idea to go.  Please keep in mind that the 4-hour charts which I presented can have changed already.  The purpose of this blog is just to illustrate how accurate our blue boxes are. Our members can use the blue box and right side stamp and buy/sell correction in 3-7 or 11 swings.

If you are interested to know further how to trade our blue box areas and Elliott Wave, I recommend you to subscribe our special promotion which we are currently running below. We present a lot of trading setups in our 3 Live Trading Rooms.

EURGBP 02.06.2019 4 Hour Chart Elliott Wave Analysis


I hope you like this blog. We have developed a very good trading strategy that defines entry, stop loss and take profit levels with high accuracy. Our strategy allows members to get high probability of getting a risk-free position shortly after entering in the trade to protect possible losses. If you want to learn all about it and become a professional trader, then join our service by taking our Buy 1 Month and get 1 Month for free promotion.


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