lukelehepuu

EURGBP WORKING (STARTING WAVE 4?)

FX:EURGBP   Euro / Britisches Pfund
84 0 9
I posted this chart back in mid July. On the chart I have posted how I think the 50MA and 200MA would work on the weekly chart. So far it has worked perfectly. Price has rallied to where I thought wave 3 could end. We have now seen a slow down in price movement and have the potential so have a retracement here. My retracement level is around 0.8250. From that price I will then look to buy again in anticipation for the last major wave.

Keep in mind this is the weekly chart so could take a long time to play out.
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