Expecting a sharp end to the C wave up on EURGBP

4 мар. 2017 г.

EURGBP made a sharp A wave followed by a less aggressive B wave, which gives a good indication that a sharp move is expected to the upside. Often the market tend to surprise traders, so I would wait for price to retrace and bounce off the broken trendline for a conservative entry. More conservative entry shown on chart. Good luck!