Looking for monthly pivot of October
Updated
EURGBP 4H chart:
Price crossed the 14 EMA-line and is now doing a retest.
We can choose either for waiting to cross the trendline before entering a buy or placing a buy-stop above the first full candle above the 14 EMA.
TP is monthly pivot of October at 0.893
Be carefull, the daily chart is still in a downtrend.
Price crossed the 14 EMA-line and is now doing a retest.
We can choose either for waiting to cross the trendline before entering a buy or placing a buy-stop above the first full candle above the 14 EMA.
TP is monthly pivot of October at 0.893
Be carefull, the daily chart is still in a downtrend.
Trade active
Moving really nice upSeems that the market is willing to reach its monthly pivot soon.
Trade active
Extra forces are with us. the 200 EMA is now together with the Monthly pivot.
So it will not take much time to touch TP
Trade closed: target reached
TP hit. 200EMA + Monthly pivot of October
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