Some other trade got triggered today.
Short EUR/GBP from 0.89.
--> Some longer term UTL (beginning at the highs end of 2008)
--> weekly R2
--> 61.8 fib of a longer term and 76.4 fib of a "shorter" term down-move
--> previous are of S/R
Nice first bounce from here now. Lets see if it will find the way down now.
Initial target will be between previous S/R .8820 and weekly pivot .8760
Short EUR/GBP from 0.89.
--> Some longer term UTL (beginning at the highs end of 2008)
--> weekly R2
--> 61.8 fib of a longer term and 76.4 fib of a "shorter" term down-move
--> previous are of S/R
Nice first bounce from here now. Lets see if it will find the way down now.
Initial target will be between previous S/R .8820 and weekly pivot .8760
"Blue Horseshoe loves Anacott Steel!"