Euro Pound IH&S target hit

FX:EURGBP   Euro / British Pound
104 6 4
A quality closing reversal pin perhaps is shortable
thats cool ihs :)
and check also yearly r3
pantheo look4edge
Thank you my friend, nice find, to the pip! We are probably the only two people here i guess that we are looking mostly longer than the daily TF. lol! Cheers! P.
look4edge pantheo
and what would u say to wolffe like ucad lat year?

pretty crazy idea isnt it?

your charts always pleasure, keep posting, take care
pantheo look4edge
Extremely possible! Things that were crazy few years back, now it will be the norm as we are approaching the big bang. If bonds start collapsing, run for cover. Thank you my friend all the best to you and yours:-)

p.s.Check dollar priced in ounces. Little space left for manoeuvring. It will break one way or another probably within 2018.
look4edge pantheo
thx, great, now i have eg pic little reviewed and giving sense now... all friday action was catchup to fork median, r3 and channel, actually was aaa+ tgt, shame did not find it ahead

pantheo look4edge
Brilliant chart! Weekly pin printed doesn't qualify for shorting now imho, so I'll wait for next week. If lower candle then monthly candle will start shaping a magnificent pin so I will build limit orders for possible retracement. Pound needs a weekly closing above 1.25-1.2550 to have any chance of reversing towards 1.3000. UK 10YY have another 30%-40% until supply/resistance zone, after the 100% run that has done so far since July. But yes, it looks like a possible major temp high is building in this pair. When 10Y Glit close below DZ, then pound's next leg down probaby will begin. Cheers, P
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