ANGCapital1

ANGCapital1

EUR/GBP intraday: rebound towards 0.8980 Our preference: rebound towards 0.8980. Alternative scenario: the downside breakout of 0.8906 would call for 0.8878 and 0.8861.

ANGCapital1

Our preference: short positions below 0.7215 with targets at 0.7170 & 0.7145 in extension. Alternative scenario: above 0.7215 look for further upside with 0.7235 & 0.7260 as targets.

ANGCapital1

Why we are no longer shorting this market Weekly has false breaks Daily has corrective cycle Bullies divergence Bulls are at play here, (Short or long term not sure) We are waiting for a deeper corrective cycle or a range (Short term we are looking for buys, Even if we are going to clear extreme lows)

ANGCapital1

Sell Rallies bullish but short term we are bearish

ANGCapital1

We are neutral on this pair as this is a tricky one! Long term i would sell rallies but small risk on buys Invalidation for buys. tricky as daily suggests sell. Low risk trading for buys (ONLY)

ANGCapital1

we are in a corrective cycle possible range then buy or a higher low then buy

ANGCapital1

Buy retraces 1. Range Before Buys or 2.Creating 2 wave before buys

ANGCapital1

Range and then big sell off or Creating a higher high then the sells.

ANGCapital1

We wanted to see a corrective cycle but we didn't get it. Our plan was to sell the rallies and we got it. since divergence blocked the corrective cycle, our plan is and still remains. Sell the Rallies

ANGCapital1

Long term we are bearish but monthly and daily are giving a possible push to the upside. It might take weeks for that to come to play. But for now we remain bearish

ANGCapital1

Short term corrective cycle to the upside before selling the rallies Double wave or a range before selling

ANGCapital1

Our Weekly target and still remains 1.10 - 1.11