EURGBP - Going up. Fantastic R/R !

2020年3月30日Combo correction with perfect hit of the ideal Fib ratios. The small divergence also indicates the 5 waves down for orange C are complete.
Longs now are recommended especially seen the very small risk we have.

For a more conservative entry you can look to buy once the middle channel line is broken and price goes above wave (iv).

2020年3月30日

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One the 5min chart you have what seems to be a leading diagonal with a Flat correction for wave 2 which ideally should hold above the 78.6% retacement level.

2020年3月31日

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We were still in the wave 4 it seems that unfolded as a triangle followed then by a move lower which is equal to the length of wave (i) !

The idea remains the same for those who want to wait for a confirmation before entering long, with the slight difference that the bullish level can be lowered to 8955.

2020年3月31日

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On the 5min chart, looks like we got a leading diagonal and are now in the wave ii/b correction that ideally should stop and reverse at the marked zone.

Ofc the count gets invalidated if price moves below the origine of the diagonal.