Caipora

EURGBP short term

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FX_IDC:EURGBP   歐元 / 英鎊
As we approaching end of Quarter they are in rush to leave price on targets.
Target for this wave is 0.86820 imo.
However as we can see they have pushed this 3rd wave up to the limit last Friday.
And if target is 0.86280 they can't go direct, must do a 4th wave before.
The best point to end a 4th wave will be 0.85625.
Those arrows show a possible path to that point, among many others combinations possible.
Purple lines are the levels for this wave. Should be used as S/R as price tends to jump between.
Good luck.


General Notes
These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately because server is not sync with UTC.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Of course this is a personal and original idea and not bulletproof, so don't blame me if it doesn't work. :-)
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