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
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