As we touch the ground it is time to load up and prepare for the long way up. Great reward if one is patient. As this is an inversely correlated pair to EURGBP I also expect the opposite movement there. PLAN YOUR TRADES LIVE your Emotions behind.
After some correction, it is down again. Pretty easy to understand, the trend is pushing it down. Enjoy.
This is a short analysis of the down channel started in December. In my pov, we are overbought at the top of the channel needing a healthy correction. FX:EURGBP
maybe down to 76,4% FIbo and up again.
After a long climb. it seems like EURGBP encountered a Resistance to bounce from, possible proportional correction is very possible. Fundamentals are hot and can change the trend, Brexit and Trump are the main drivers.
PLEASE DO NOT USE IT AS A FINANCIAL ADVICE - I am not a professional advisor and I am only testing my knowledge on a public way. If you have any comments please join the conversation below. Due to this Bitcoin slave mode coins are in it's hard to think that all the signals pointing down are wrong. On this overview of EOS BTC I see it falling on that wedge...
PLEASE DO NOT USE IT AS A FINANCIAL ADVICE - I am not a professional advisor and I am only testing my knowledge on a public way. If you have any comments please join the conversation below. Due to this Bitcoin slave mode coins are in it's hard to think that all the signals pointing down are wrong. On this overview of EOS BTC I see it falling on that wedge...