Mendenmein-Capital

EURGBP - Jumping on the train

Long
Mendenmein-Capital Mis à jour   
FX:EURGBP   Euro / Livre Sterling
Short Update on my expectations in the EURGBP. EURGBP

Everyone who missed out on the Long 1# can now try to participate in this uptrend.

The last weeks have been incredibly impulsive and currently we are holding a gain of +331 Pips on the first long.
I am expecting that we have finished the small Wave 2 and are now starting the Wave 3 of Wave 3.
Its suprising that the EURGBP only retraced to the bare minimums of the Retracements.

Keep in mind that i only take this trade because i already have my first position, manage your risk!

2# Long
Entry: 0.9187
Profit Target: 0.9678
Stop Loss: 0.9108

1# Long
Entry: 0.8876
Profit Target: 0.9678
Stop Loss: 0.8876


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If you have questions related to a specific stock or the Elliot Wave Theory, feel free to contact me.
Transaction en cours:
Both trades are currently open!
Ordre annulé:
Stop Loss has been reached - 78.6 Pips lost
Commentaire:
I am taking 33% of my last Long position out...

This is a profit of ca. 79.5 Pips, so my loss from this trade has been eliminated!

If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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