wsbza

Possible wave structure interpretation

Short
wsbza Aggiornato   
FX:EURGBP   Euro / Sterlina
Expecting another wave (C) decline to unfold once C of (B) is done
Commento:
a solid close below the previous supportive zone would suggest wave C of (B) has finished
Commento:
bearish outlook
Commento:
preferred count in pink
Commento:
close to a reversal ? preferred count in red
Commento:
looks like bears might win the battle, waiting for Guyyp EMA sell signal
Commento:
took an initial short as i believe the yellow count is valid, guppy EMA
also says yes
Commento:
still going up, no clear sign of reversal
Commento:

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


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