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:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.