We've had the weekly distribution schematic happening perfectly so far, now marking this up again I'll like to see the 2nd LPSY be made for our 1000 pip entry move to the downside which adds confluence of our GBP based pairs heading to the upside long term heading into the first few months of 2020. From that point on I expect EUR to then start to rise begging a bullish rally to the upside as I expect GBP based pairs to severly weaken heading into the end of 2020 as a markek crash is expected.
Agreed, exactly what I see on my markup too! I was just speaking with a few other traders on EG and all GBP pairs.
NKolumbich
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Hello, can I ask? I can see a bullish candle pattern at weekly at that point. Do you recommend go long? I note a stop of 50 pips and take profit at that point that you recommend go short.