EUR/GBP - Bearish Reversal - Wave Patterns

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Flash-back:

  • I called the previous big drop:


EUR/GBP - SELL Orders - August 2018


*Down-trend unfolded with overlaps.

Elliott Wave Analysis

*EUR/GBP labeled in an Intermediate degree (A)(B)(C) (red) sequence.

Patterns:
- Running Flat in Minor B (blue), sub-wave of Intermediate (A) (red)
- Expanding Flat in Intermediate (B) (red)

1 - Expecting a pull-back and then a last drive on the up-side.
2 - According to how the last move unfolds, a Bearish Divergence will be used to trigger the down-trend.
3 Ending Diagonal needed in the last sub-wave of Minor C (blue)

Many pips ahead!
ノート
Labeling Minor C (blue) in an Ending Diagonal.
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ノート
Sell-off coming soon!
スナップショット
ノート
Ready for the BIG sell-off?
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ノート
One more squeeze and it's out of aces.
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ノート
EURGBP correction over and time to go bearish again.
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Chart PatternsCurrenciesEURGBPeurgbpselleurgbpshorteurgbpsignalForexHarmonic PatternsWave Analysis

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