Thursday, July 10, 2014

Two day later of EUR/GBP

Two day later of
EUR/GBP
30 minute chart
This is last opportunity for a small uptrend inside of a big downtrend
Let us contrast with what I said “before and after” in both 30 minute chart and daily chart
Did I say that I will be reached at (0.797468)?
It is actually reached at what I said?
See the 30 minute chart and daily chart   




    is highest price reached today 0.79699 but I expected with 0.797468. it is a big difference or more or less forgivable error?
    is derailed the uptrend. It means that this uptrend wave inside of downtrend wave is fulfilled fully of its function  
Therefore
This information is no more useful for buying positon but only considering of selling position, as what I said in monthly chart.

However
Let us compare with daily chart  

Two day later of
EUR/GBP
Daily chart




    is the Bollinger Bands of upper line, signal of “^”.
    is The Yellow (20ma) line was predicted as resisted line 3days ago (refer to previous post)    

I have searched out this item the 3days for David Horton’s requisition.
He issued it as being preparing bullish phase.
But I said “not now but later”
Later is now!

Hence
I wish you to enjoy bearish phase again
And to remember that this is end of journey about EURGBP
Bon voyage 

Yours odyssey lee