wavepatterntraders

Elliott Wave EURGBP Ended a Flat Correction?

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FX_IDC:EURGBP   Euro / Libra Esterlina
3
If wave (C) of a flat correction has ended, then we should see a swift reversal. Flat patterns are notorious for getting traders bullish & bearish at the wrong time, as most think that the move will continue, when it fact its the end to the move. Its not perfect, but wave (C) does have 5 waves. If the idea is correct, puking time!!!!! An impulsive move lower is needed to confirm the idea.

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