EURGBP WAVE ANALYSIS (FULL TREND GUIDE)
Since Feb 2023, this symbol has been trending down. This downtrend can be described by Elliot wave theory as marked out.
Currently price has completed waves 1-2-3-4 (indicated in purple), and found resistance in the 0.8665 - 0.8675 zone. If the resistance holds, I expect price to continue downwards to complete wave 5 at the 0.8400 to 0.8420 price zone.
If you like this analysis or it's helpful to you in anyway please like and follow me.
Currently price has completed waves 1-2-3-4 (indicated in purple), and found resistance in the 0.8665 - 0.8675 zone. If the resistance holds, I expect price to continue downwards to complete wave 5 at the 0.8400 to 0.8420 price zone.
If you like this analysis or it's helpful to you in anyway please like and follow me.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.