Target reached

FX:EURGBP   Euro / British Pound
44 2 5
The target that resulted from the triangle breakout has been reched and we closed the day with a shooting star . This is sign of a reversal.
Trade closed: stop reached
could pop higher, don rule that out
motleifaul jangseohee
Tny for this comment, friend! You are right of course. The thing that I see in the weekly chart is a wave count pointing lower. This makes me more convinced in the lower direction. But of course, we cannot rule out a final breakthrough higher from here that will the wave count make void.
+1 Reply
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