EUR/GBP – Bearish Intermediate (C)
Updated
EUR/GBP finalized the Impulsive Sequence in Primary Wave A (purple), which started in July 2015 and ended in October 2016.
Since October 2016 the Corrective Structure began unfolding, which pretty much looks like a Flat Correction.
The Flat Correction labelled as Intermediate (ABC) (green) is suggesting that EUR/GBP might be preparing for a Bearish Swing which could measure 1000 pips.
*Daily and 2H Wave Count and Entry Levels available for our Members.
Since October 2016 the Corrective Structure began unfolding, which pretty much looks like a Flat Correction.
The Flat Correction labelled as Intermediate (ABC) (green) is suggesting that EUR/GBP might be preparing for a Bearish Swing which could measure 1000 pips.
*Daily and 2H Wave Count and Entry Levels available for our Members.
Note
Patience is indeed a virtue:
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