EUR/GBP - LONG A-B-C correction about to be complete
Traders,
a thorough and more than complete correction of the 1-2-3-4-5 move is about to completed. What does that mean?
My bias from here on will be long. I am expecting the pair to develop a new 1-2-3-4-5 move to at least the 50% ob the previous down move. Chances are that it goes even hight but we shall see. In terms of timeframe I will be looking at 3-6 months until everything unfolds and the long position to be ready to be closed in profit.
Good luck
a thorough and more than complete correction of the 1-2-3-4-5 move is about to completed. What does that mean?
My bias from here on will be long. I am expecting the pair to develop a new 1-2-3-4-5 move to at least the 50% ob the previous down move. Chances are that it goes even hight but we shall see. In terms of timeframe I will be looking at 3-6 months until everything unfolds and the long position to be ready to be closed in profit.
Good luck