Sunday, September 29, 2013

EURGBP 130929

EURGBP H4 0.8350 still support. Failure of hammer on H4 very bearish.
Monthly unclosed candle looks bearish, with false breakout of channel + channel resistance+ TL break.

Weekly candle close is bearish. If support at 0.8350 holds, could retest TL break. Below support, continuation of channel on monthly.


No comments:

Post a Comment