Euro / British PoundShort
EURGBP Short@0.8725 T1@0.8585 T2@0.8453 SL@0.8808
Updated
A long Impulse wave might have come to an end.
I'm looking for a retracement and tested breakout of the 0.8735 historical S/R line. RSI is not indicating a strong trend anymore, but the Stoch is in oversold (4H) but not weekly. If confirmed that would be a nice corrective wave probably till halfway through the last rise (T1@0.8585). October 10-15 fundamentals will reveal if the second target (@0.8454) is realistic.
I'm looking for a retracement and tested breakout of the 0.8735 historical S/R line. RSI is not indicating a strong trend anymore, but the Stoch is in oversold (4H) but not weekly. If confirmed that would be a nice corrective wave probably till halfway through the last rise (T1@0.8585). October 10-15 fundamentals will reveal if the second target (@0.8454) is realistic.
Note
Still climbing... not there yet! Bad call!Order cancelled
There is a strange technical problem on the one minute chart for October 7 around 8 o'clock! It goes from the spike at 8:07 and the next candle is 8:36. Some 29 candles went missing!!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.