Elkana Roveglia BA
Takemytrades.com
EURGBP Has completed 5 ways up and we are now expecting a new set of waves to the downside. From the closing of London market and throughout the Asia market the currency has moved sideways. A sideways move or rectangular move indicates a continuation pattern. So, once we break the bottom of this continuation pattern, remember to wait for the break hook & go, we will start to sell. Target area is @ 0.7956/0.7940. Always remember to pay attention to the 50 number as there is where usually option contracts are placed.
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