traderWgun
Short

Correction over?

FX:EURGBP   Euro Fx/British Pound
195 9 2
Could be that the correction over and the overall trend will return giving us new lows.

*5 waves correction
*1.236 fib.
*RSI Divergence
*Ending diagonal

A new high should be sold
Look below for more charts
We retested this broken trendline in GBPCHF and I have added to longs
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I don't think we'll take out the low at the end of your major wave 4, but I agree the minor wave 4 should be taken out in the coming days.
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You/re on the right track but, , , the 1st wave of an ending diagonal does not start with the top of wave 3 of the larger degree.
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traderWgun dojitrader
yes I saw that, but I can't change the chart. But the 1-hour chart right below should be correct.
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ive also been waiting for .8520 to sell
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GBPCHF (inverted EURGBP) is coming near it's trendline and 50 fib.
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traderWgun traderWgun
*and 200SMA
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Daily 200SMA just above the highs.
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We could see a finally high in the ending diagonal before lower
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