In this chart if I not wrong it forming a cup and handle chart pattern if it does, we going to take another profit about 50 pips haha Let see whether it work of not
Hour 1 timeframe we can see a divergence of awesome oscillator, it tell us that the momentum of bullish is weak now, I believe coming next couple hour it will drop to the zone i point out, if it manage to break first zone then we can consider to hold until it break zone 2
#include using namespace std; int main() { cout<<"Hello Guys! Here is some quick update on EGBP, base on weekly timeframe we found a nice divergence with using Awesome Oscillator, for safe TP playstyle I decided to pull a fibo retracement in Day Time Frame, I set my highest TP at fibo 1.618 there, For me I layer in the base there, and once it going to my hour 4...