EUR/GBP 4 October 2016
A uptrend with semi nice elliot wave has formed for EUR/GBP. Please see below:
Based on fibs level, I have placed a entry buy to enter at 0.5 fib levels. Half profit taking will be at 0.8722 and another half at 0.8770. Stop loss would be below 0.618 levels.
The elliot wave might not have fully form and hence prices might push higher before hitting my entry point. Should be able to know within 12 hours time.
*Disclaimer: Do note that I do not hold any personal liability if you were to choose to follow my trades and incur losses as a result. Trading comes with risk and weaving through a rational and irrational market is never foolproof. By following my trades, you choose to bear the risk out of your own will.
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