thillygoosth

Eur/Gbp See that weekly price action?....

Short
OANDA:EURGBP   Euro / British Pound
I can never say for certain the exact moment a monster trade turns, all I know, is I pointed out the sell from the very tip (hopefully here depending where you are reading this) and I am convicted to take my chances and just let it run. This is because we did have a completed 5 wave, seem to still be in correction, and considering that a price action channel like that is the kind that when price breaks it can make a big move. I encourage you to throw on that TDI indicator, a 200MA and 800MA and look at the TDI on the Monthly chart (divergence and now turned down). Then scroll down through the time frames all the way to the 1hr looking at those MA's.

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