Euro / British Pound

Short

Potential Selling Opportunity

Updated

Sell after the pull-back to catch either pink wave {c} or blue wave (C)

Note

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Note

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Note

these overlapping 3-waves moves may end up with a running triangle

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Note

running triangle done?

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another green wave c up is possible although less likely

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a potential short-term bullish flag 'break-out' buy setup

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Trade active

took a long position with stop at 0.876

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another solid close above 0.886 would be a strong evidence that wave iii is under way

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bullish count

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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'

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Related publications

5th of the 5th ?

Possible wave structure interpretation

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