Complex Pattern is pointing towards a possible sell-off in a Minor Wave C (red), which could be quite big.
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Ride the funky chickenNote
If you're buying EUR/GBP I feel bad for you son. I've got 99 set-ups and a bullish EUR/GBP ain't one.Alternate view shows a possible structure (red arrows), but both scenarios point towards a drop first. Good to be in and move SL to BE when in the green. The just wait and bite your nails, hoping that you hit the jackpot.
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Trade active
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all this needs is some GBP newsNote
Do not get trapped by these wild swings, the trend is there, be patient.EUR/GBP - SELL Orders:
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This trade set-up has been reviewed and then continued with this idea:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.