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KVE
Jan 8, 2016 12:44 AM

EUR/GBP: weekly update, bat in sight? Long

Euro Fx/British PoundFXCM

Description

General longterm direction is up, so I'm looking to buy retracements (we might be up for one now, at the 50% fib..., see linked idea).

If we complete the bat I'll short it for a longterm short.


I left the shark and Quasimodo on the chart as an illustration of a nice long setup and trade:


Short-term: This might be the retracement I was talking about, possible good short-term short (buy when it ends!)...:


Plenty of opportunities in between so no need to rush in to something!
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