rodriguesths

EURGBP 5th wave 300pips!!

FX:EURGBP   Euro / Sterlina
So, EURGBP is looking interesting for both long and short, we have a possible 5th wave happening that could send price down below 0.8270 making a new lower low! On the other hand, we have a down trend-line that price broke out 10 days ago and is now re-testing the line! In lower time-frames we can match this re-test with a support-resistance zone! Right now, i'm waiting for price action to make a decision! In couple of hours we have impotant news regarding EUR so we will wait before making a move!

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