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Possible wave structure interpretation

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Euro / Paun British (FX:EURGBP)  
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FX:EURGBP   Euro / Paun British
Wave Analysis Trend Analysis Chart Patterns
12
2
waveanalysis trendanalysis chartpattern
Expecting another wave (C) decline to unfold once C of (B) is done
Komen:
a solid close below the previous supportive zone would suggest wave C of (B) has finished
snapshot
Komen:
bearish outlook
snapshot
Komen:
preferred count in pink
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Komen:
close to a reversal ? preferred count in red
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Komen:
looks like bears might win the battle, waiting for Guyyp EMA sell signal
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Komen:
took an initial short as i believe the yellow count is valid, guppy EMA
also says yes
snapshot
Komen:
still going up, no clear sign of reversal
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Komen:
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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