KVE
Short

EUR/GBP: Possible weekly bearish bat complete...

FX:EURGBP   Euro / British Pound
147 0 17
I have published on this bat before (see linked idea) and it seems that is has now completed, sooner than expected though (reason for suspicion...?).

The daily shows a possible wedge/leading diagonal although it could still turn out to be an ending diagonal in which case the count could be different (wave 3 instead of wave 5 ended within the diagonal).

We have some divergence on 4H and daily, but not very convincing...

The possible broken S/R level is a good level to trail SL to BE in case it reverses there and continues further up...
Also: GBP has been very weak...

It's possible to enter short at market but there is a triangle on the 15min so waiting for a confirmed breakout out of it is probably a wiser decision! Tight SL for me!

Trade with care!!

Comment: Still good, but SL now at BE, just in case it bounces again from that S/R zone...
Comment: Possible bullish signs appearing so take profit on target 1 here!
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