Thursday, December 15, 2016

EUR/GBP - Looks ready for wave 5 while above 83.04

EUR/GBP is at the 0.382 fib of wave 3 which is roughly a probable target for wave 4 to end (matches my count as well). I think it will resume the trend from here and make new highs in a wave 5. Minor wave 1 is already done (240 min chart). Parity here we come ! 😊

Daily chart:



240min chart: