My EURGBP last week analysis:
EURGBP
Reasoning from the previous 240 min chart analysis, the closest target along the trend was Т1-0.8606 (Fig. 1). The target was reached on Jan. 27, 2010, but the trade was not made due to a small estimated profit.
http://www.2targetsmethod.com/images...0/image004.jpg
Fig. 1 – 240
EURGBP
Reasoning from the previous 240 min chart analysis, the closest target along the trend was Т1-0.8606 (Fig. 1). The target was reached on Jan. 27, 2010, but the trade was not made due to a small estimated profit.
http://www.2targetsmethod.com/images...0/image004.jpg
Fig. 1 – 240