EURGBP Daily Chart. Possible Regular Flat, Next drop coming?
Traders,
EURGBP has been in Weekly correction since 07-10-2016 by the end of 5) impulsive wave.
Looking for bigger WXY ZigZag 5-3-5 structure
1- W impulsive wave ( 5 wave structure)
2- X corrective wave (3 wave structure) possible Regular Flat (A-B-C circle)
3- Sell the next Y impulsive wave
Watch for short opportunity after a break of the daily trendline, and a correction
-if price break above 0.88500 area structure change.
Trade with discipline
Best
EURGBP has been in Weekly correction since 07-10-2016 by the end of 5) impulsive wave.
Looking for bigger WXY ZigZag 5-3-5 structure
1- W impulsive wave ( 5 wave structure)
2- X corrective wave (3 wave structure) possible Regular Flat (A-B-C circle)
3- Sell the next Y impulsive wave
Watch for short opportunity after a break of the daily trendline, and a correction
-if price break above 0.88500 area structure change.
Trade with discipline
Best
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