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Linton_White

BIG PULLBACK OR BREAKOUT?

Euro / British Pound (FX:EURGBP)  
Linton_White  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Wave Analysis EURGBP europound eurgbpshort eurgbplong wavetheory correction structure reversal breakout
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trendanalysis chartpattern waveanalysis eurgbp europound eurgbpshort eurgbplong wavetheory correction structure reversal breakout
I am looking at this bullish corrective structure on the daily time frame. Price is now at the top of wave 4 and needs to confirm either a breakout to the upside or a reversal for wave 5 first. I expect price to move around this level for a while before making a definitive move so will be trading both long and short positions on lower time frames.

Happy trading!

Linton White
JP Markets
South Africa
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