Walid_Aboeldahab

Wave Analysis for EURGBP

Short
FX:EURGBP   Euro / British Pound
EURGBP

Down channel determines the price action

Wave analysis is nearing the end of the third wave of 3 near 0.8840 levels before climbing below 0.8940 for the 4th wave correction
Then a bearish price target that might target around 0.8780 towards the end of the five-point decline

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.