Koryphaeen
Short

EURGBP possible moves

FX:EURGBP   Euro Fx/British Pound
188 0 6
Here is my view about the future moves this pair will make. I am in the sell already and after target is reached, will look for a buy setup as shown in the chart.

Please remember: you should only trade these structures if you understand them well and have a well tested strategy you can use for money and trade management. Otherwise you will loose money.

Good luck!
Trade active
Comment: If it takes us out it means that it will go for a 3rd impulse up completing a 5 wave structure instead of a 3 wave one which I presumed. Anyway, if stop will be hit, I will be looking to reenter at the reversal at the completion point of the 5 wave impulse. I wiil update it when it will happen.
snapshot
Trade closed: stop reached
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