I don't know very much about any indicators. I just trying to fix everything with charttechnic.
I Think its just a viewing thing. If you look on the weekly Chart you can see that "my resistance is already hit".
I think there will be a short pullback, before the market is going up again.
If you look at the weekly chart, you can see that we have a strong long trend. So I think the next big movement could be the continue of the trend. Thats why I placed a Market Order, and now we just have to wait! Maybe we know more after the big economic event on Thursday in Europe or on Friday in Japan!
Chart: FX:EURGBP H4
I think everybody can see this nice long market. But I don't know if now is the right time for Entry. I think we should wait, the recovery has an end.
Maybe it is more interesting for next week!