EURGBP new impulse

מעודכן
EURGBP is unfolding in a complex structure. We see many overlaps which might indicate a correction is in progress. However I like another scenario, a scenario where wave 4 (daily chart) is in place just below 0.84. The overlaps might show the start of wave 5 by means of a leading diagonal.
It is too soon to tell but several characteristics point into that direction.

Nevertheless I will be watching for a bearish reversal and if that is corrective we should buy EURGBP for a move towards 0.9230.

If the bearish reversal will be impulsive I will simply adjust. Updates will follow and keep in mind the arrows are indicative and showing my ideal buy scenario for the moment.
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Keep an eye on the bigger picture guy's. I'm still looking for a wave 5 until proven otherwise. So wait for a clear set-up and enjoy the wave.

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