Daily Forex Analysis with Elliott Wave (04.26.2018) - EURGBP

Dear Steemians, welcome to Wave Analysis...
Today, we have 1 new trade setup. Then I will update the Hotlist.

New Trade Setups

EURGBP

EURGBP makes a correction after sharp up impulse. At least, it looks like a correction so far. My minimum target for any long trade is new daily top (0.93050 and higher). I'm waiting for the breakout, then I will wait for a small correction, then I will take the trade.

Updating of Hotlist Items

Active Trades

USDJPY: Waiting for a correction to take another long trade.

AUDJPY: My expectation is still up move, but what it is doing right now is not clear.

CADJPY: Both directions are possible. If you want to do, you can close your trade with very small last now.

CHFJPY: Leave it alone.

GBPAUD: I hope it will come down, but the last part looks like a correction for a new up impulse.

GBPCHF: I think it's making a correction for more down side.

XAUUSD: Don't do anything before it makes a bigger correction.

USOIL: Both directions are possible. If it makes a correction I will close my trade.

SPX500: Both directions are possible. Leave it alone. Stop-loss at the green line.

Waiting for Correction or Breakout

GBPUSD: Still waiiting for a nice correction.

Removed from the Hotlist

EURUSD: Stopped out.

You can visit the published idea page on Tradingview by clicking the name of the asset. If you like to see more details and explanations about this trade setup and updating of Hotlist items you can watch today's video on DTube by clicking the following image.

I appreciate that if you leave a comment and let me know what do you think about this post. If you find this content useful, don't forget upvote and resteem, also please follow me for more.

Until next time, trade with care.

Web Page: https://waveanalysis.net/
Tradingview: https://www.tradingview.com/u/WaveAnalysis/
Twitter: https://twitter.com/WaveAnalysiss/
Stocktwits: https://stocktwits.com/WaveAnalysis/

What is Hotlist?
Hotlist a short list, which contains charts that were shared in previous days. So, today's new trade setup will be in the Hotlist tomorrow, and I will update its status every day until I remove it from the list. Each chart will be in the Hotlist as long as we have an active trade or a pending order or its trade setup remains valid.

Disclaimer:
Don't invest more money than you can afford to lose. Trading carries a high degree of risk. Everything here is my personal opinion, should not be considered as trade calls.