EURGBP weekly chart downward channel appearing
See this Weekly Chart. We can aiming to sell in this two weeks. As
1)Touching A Downward channel is possible
2) Stoch RSI Divergent
3) Ema are possible tilting
Yet it is still very Bullish in lower timeframe,
Key level to look for reversal is 0.8665.
If price reach around 0.8665 and get reject then Sell off is possible
1)Touching A Downward channel is possible
2) Stoch RSI Divergent
3) Ema are possible tilting
Yet it is still very Bullish in lower timeframe,
Key level to look for reversal is 0.8665.
If price reach around 0.8665 and get reject then Sell off is possible
Comment:
following up to comment on the daily chart above, if Friday closed below 0.8725 , chances to go south increase.
Let see...
Let see...
Comment:
The strength of Eur on this pairs still very strong.
Yet, it seems to me a wedge is slowly forming from weekly especially.
so still watching the development of this pairs.
Now the next resistance level increase to 0.8750
The strength of Eur on this pairs still very strong.
Yet, it seems to me a wedge is slowly forming from weekly especially.
so still watching the development of this pairs.
Now the next resistance level increase to 0.8750
Trade active:
short from 0.8674
The Daily Chart now seems begin to tilt, and the buy momentum is weakening.
Continue to watch for it development.