欧元/英镑
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$EUR vs $GBP Daily Chart. Flat completed |#eur #gbp #forex #flat

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Traders,
EURGBP dominant trend remains Bullish on the WEEKLY chart.
Since 6/10/2016 it has been in correction and has developed A (circle) and B (circle) corrective waves so far.
Right now, we are looking to sell the next impulsive C (circle) wave.

1 - Wave-A (circle) developed into a 5-wave motive structure, ending at 0.83045.
2 - Wave-B (circle) developed into a flat pattern, internal 3-3-5 structure (a),(b),(c) , ending at 0.89475.
3 - Wave-C (circle) could be developed into a 5-wave motive structure, ending close to 0.80300.

So with this internal structure we' re looking for a ZigZag pattern to complete near 0.80300, close to 50% fib retracement of 1-5 trend, where also A (circle) = C (circle).

-Longer term, after ZigZag completes, we should look for uptrend continuation.

Trade with Discipline.
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注释
Just an update, Watch price action this week, possible reversal point is now.
Daily chart on the corrective wave.
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注释
4H Chart, see the impulsive [C]-wave and how beautiful fib confluence is.
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