EURGBP Update… April 7, 2011 | 50Pips Focus remains on channel for hold or move into bigger support zones… > Click on chart to enlarge < Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)MoreClick to print (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Skype (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Telegram (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on Pocket (Opens in new window)Like this:Like Loading...
Hi 50, I am curious what your motives are to draw the channel like this and not like the tighter channel of which EURGBP broke out and successfully retested? Reply
hi, it’s just a matter of how you look at the move and dynamics, my starting point are those lows in feb… that’s the move i’m interested in, new cycle starting… hope that helps. 😉 Reply
> Click on chart to enlarge <
Hi 50,
I am curious what your motives are to draw the channel like this and not like the tighter channel of which EURGBP broke out and successfully retested?
hi, it’s just a matter of how you look at the move and dynamics, my starting point are those lows in feb… that’s the move i’m interested in, new cycle starting… hope that helps. 😉