Your browser does not support JavaScript!

Welcome to our Blog!

The best front row seat for fantastic
Elliott Wave CFD trading tips & education

Latest US Stock posts
Elliott Wave Forex GBPUSD 1 + 4 hr-1Dec 2018

Elliott Wave Forex GBPUSD 1 + 4 hr-1Dec 2018

Elliott-Wave-Forex-G...

Elliott Wave Forex GBPUSD 1 + 4 hr-1Dec 2018

GBPUSD 1 Hour Chart
Saturday, 1 December 2018 at 12:54:00AM AEST

GBPUSD is dropping from the 1.2809 level, so looks like wave ii correction fully unfolded and now wave iii is in play. Wave iii is the strongest impulse and can now take price towards the Fibonacci ratio of 126.8/138.2 in upcoming sessions. Once wave iii unfolds, temporary correction as wave iv may take price higher.

gbpusd1hr11-30

GBPUSD 4 Hour Chart
Friday, 07 December 2018 at 06:25:00PM AEST

No change.
GBPUSD is trading in sub-wave C) as part of a bigger, complex correction. Support and a turning point zone for the pair can be found near the Fibonacci ratio of 61.8, and near the lower channel line, from where a new motive wave, as wave C) may follow. A later rally in five-waves would confirm more upside.

gbpusd4hr12-07


GET A TRIAL MEMBERSHIP HERE

$1 for a 20 Day Trial Membership to see for your self!


Education: Elliott Wave Structures

Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.


Forex GBPUSD Elliott Wave, Forex GBPUSD, GBPUSD Elliott Wave, Forex, GBPUSD, Elliott Wave,

 

Related

Not any article

Tags

Categories

Forex Trading

Share

You need to login in order to comment

 Get Your Trial
20 Days for $1

 

WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!

  • Our coverage means you get maximum flexibility in your trading options
  • Analysis + Trades updates every day
  • Elliott Wave specialists
  • Discretionary strategies to take away

Our huge range of markets include charts + videos for:

  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil
  • Forex daily – Primary pairs + US Dollar Index
  • Cryptocurrencies - Bitcoin

Also included so your trading can really improve:

  • TradeCheck to check your own analysis or trades
  • Trading Education plus One-2-One Class
  • Phone + Email support
  •  
AddThis Sharing
AddThis Sharing
Archive
Text/HTML
What our clients say