Bizdrone

EURGBP | Trading Signal | Swing | Elliott Wave

EURGBP | Trading Signal | Swing | Elliott Wave

EURGBP | Trading Signal | Swing | Elliott Wave (Apr ’20)

EURGBP | Trading Signal | Swing | Elliott Wave (Apr ’20)

Market: Forex Crosses
Symbol: EUR/GBP
Signal Category: Swing
Direction: Bullish
Order Type: Market / Limit

(Entry / Stop Loss / Take Profit)

The following trading signal on the EURGBP forex pair has been posted in the “Trading Signals” section.

EURGBP | Trading Signal | Swing | Elliott Wave | Summary

The EURGBP Trading Signal previously posted rallied into a bullish extension.
After the bullish Intermediate (C) (green) completed, the corrective phase commenced.

The correction has been labeled as a simple ABC swing (red).
Minor C (red) has been sliding in and impulsive manner, and now showing a possible reversal pattern.
In fact, several technical signs are appearing.

  • Ending Diagonal

  • Bullish Divergence

  • 161.8% & 200% Fibonacci Extensions

  • 61.8% Fibonacci Retracements

EURGBP could be preparing to rally in a bullish stance.

EURGBP | Trading Signal | Swing | BUY Orders

Oops, no access!

A Membership will give you access!
Find yours in the shop or [wpmem_login_link] if you are a Member.

[btnsx id=”7660″]

You can also get a free membership, if you trade with our recommended broker.

XM Forex CFD Broker Lionheart Elliott Wave Analysis

[btnsx id=”28681″]

Resident Membership - Lionheart-EWA